[Federal Register Volume 64, Number 83 (Friday, April 30, 1999)]
[Rules and Regulations]
[Pages 23187-23229]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-10533]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Parts 1, 20, and 25
[TD 8819]
RIN 1545-AX14
Use of Actuarial Tables in Valuing Annuities, Interests for Life
or Terms of Years, and Remainder or Reversionary Interests
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Final and temporary regulations.
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SUMMARY: This document contains regulations relating to the use of
actuarial tables in valuing annuities, interests for life or terms of
years, and remainder or reversionary interests. These regulations are
necessary because section 7520(c)(3) directs the Secretary to update
the actuarial tables to reflect the most recent mortality experience
available. These regulations will effect the valuation of inter vivos
and testamentary transfers of interests dependent on one or more
measuring lives. The text of the temporary regulations also serves as
the text of the proposed regulations set forth in the notice of
proposed rulemaking on this subject elsewhere in this issue of the
Federal Register.
DATES: These regulations are effective May 1, 1999.
FOR FURTHER INFORMATION CONTACT: Concerning the regulations, William L.
Blodgett, (202) 622-3090 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
This document contains amendments to the regulations revising
certain tables used for the valuation of partial interests in property
under section 7520 of the Internal Revenue Code of 1986 (Code) to
reflect the most recent mortality experience available.
In General
Section 7520, effective for transfers for which the valuation date
is after
[[Page 23188]]
April 30, 1989, provides that the value of an annuity, an interest for
life or a term of years, and a remainder or reversionary interest is to
be determined under tables published by the Internal Revenue Service
based on a discount rate (rounded to the nearest two-tenths of one
percent) equal to 120 percent of the applicable Federal mid-term rate
in effect under section 1274(d)(1) for the month in which the valuation
date falls. Section 7520(c)(3) directed the Secretary to issue tables
not later than December 31, 1989, utilizing the then most recent
mortality experience. Thereafter, the Secretary is directed to revise
the tables used in valuing interests dependent on mortality experience
not less frequently than once each 10 years to take into account the
most recent mortality experience available as of the time of the
revision.
These regulations incorporate revised Table S (Single Life
Remainder Factors) and Table U(1) (Unitrust Single Life Remainder
Factors) based on data compiled from the 1990 census as set forth in
Life Table 90CM, and make conforming amendments to various sections to
reflect the revised tables. The current tables are moved to sections
containing actuarial material for historical reference. Table B, Table
D, Tables F(4.2) through F(14.0), Table J, and Table K, which are not
based on mortality experience, are not changed. Internal Revenue
Service Publications 1457 ``Actuarial Values, Book Aleph'' (forthcoming
1999), 1458 ``Actuarial Values, Book Beth'' (forthcoming 1999), and
1459 ``Actuarial Values, Book Gimel'' (forthcoming 1999) will contain a
complete set of actuarial tables that include factors not contained in
the regulations (for example, annuity and life interest factors).
Although not available on May 1, 1999, IRS anticipates these
publications will be available by July 1, 1999. These publications will
be available for purchase from the Superintendent of Documents, United
States Government Printing Office, Washington, DC 20402.
The following chart summarizes the applicable interest rates and
the citations to textual materials and tables for the various periods
covered under the regulations:
Cross Reference to Regulation Sections
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Valuation period Interest rate Regulation section Table
--------------------------------------------------------------------------------------------------------------------------------------------------------
Section 642:
Valuation, in general..... 1.642(c)-6
Before 01/01/52........... 4% 1.642(c)-6A(a)
01/01/52-12/31/70......... 3.5% 1.642(c)-6A(b)
01/01/71-11/30/83......... 6% 1.642(c)-6A(c)
12/01/83-04/30/89......... 10% 1.642(c)-6A(d) Table G.
05/01/89-04/30/99......... Sec. 7520 1.642(c)-6A(e) Table S (5/1/89-4/30/99).
After 04/30/99............ Sec. 7520 1.642(c)-6T(e) Table S (after 04/30/99).
Section 664:
Valuation, in general..... 1.664-4
Before 01/01/52........... 4% 1.664-4A(a)
01/01/52-12/31/70......... 3.5% 1.664-4A(b)
01/01/71-11/30/83......... 6% 1.664-4A(c)
12/01/83-04/30/89......... 10% 1.664-4A(d) Table E, Table F(1).
05/01/89-04/30/99......... Sec. 7520........... 1.664-4A(e) Table U(1) (5/1/89-4/30/99).
After 04/30/99............ Sec. 7520 1.664-4T(e) Table U(1) (after 04/30/99).
1.664-4(e) Table D and Tables F(4.2)-F(14.0).
Section 2031:
Valuation, in general..... 20.2031-7
Before 01/01/52........... 4% 20.2031-7A(a)
01/01/52-12/31/70......... 3.5% 20.2031-7A(b)
01/01/71-11/30/83......... 6% 20.2031-7A(c)
12/01/83-04/30/89......... 10% 20.2031-7A(d) Table A, Table B, Table LN.
05/01/89-04/30/99......... Sec. 7520 20.2031-7A(e) Table S (5/1/89-4/30/99) Life Table 80CNSMT.
After 04/30/99............ Sec. 7520 20.2031-7T(d) Table S (after 04/30/99) and Life Table 90CM.
20.2031-7(d) Table B, Table J, Table K.
Section 2512:
Valuation, in general..... 25.2512-5
Before 01/01/52........... 4% 25.2512-5A(a)
01/01/52-12/31/70......... 3.5% 25.2512-5A(b)
01/01/71-11/30/83......... 6% 25.2512-5A(c)
12/01/83-04/30/89......... 10% 25.2512-5A(d)
05/01/89-04/30/99......... Sec. 7520 25.2512-5A(e)
After 04/30/99............ Sec. 7520 25.2512-5T(d)
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Effective Dates
These regulations are applicable in the case of annuities,
interests for life or terms of years, and remainder or reversionary
interests created after April 30, 1999.
Transitional Rules
The regulations provide certain transitional rules intended to
alleviate any adverse consequences resulting from the proposed
regulatory change. For gift tax purposes, if the valuation date of a
transfer is after April 30, 1999, but before July 1, 1999, the donor
may determine the value of the gift (and/or any applicable charitable
deduction) under tables based on either Life Table 80CNSMT or Table
90CM (at the donor's option). Similarly, for estate tax purposes, if
the decedent dies after April 30, 1999, but before July 1, 1999, the
value of any interest (and/or any applicable charitable deduction) may
be determined under tables based on either Table 80CNSMT or Table 90CM,
at the option of the decedent's executor. However, the section 7520
interest rate utilized is the appropriate rate for the month in which
the valuation date occurs. In accordance with this transitional rule
and those contained in
[[Page 23189]]
Sec. Sec. 1.7520-2(a)(2), 20.7520-2(a)(2) and 25.7520-2(a)(2), in cases
involving a charitable deduction, if the valuation date occurs after
April 30, 1999, and before July 1, 1999, and the executor or donor
elects under section 7520(a) to use the section 7520 interest rate for
March 1999 or April 1999, then the mortality experience contained in
80CNSMT must be used. If the executor or donor uses the section 7520
interest rate for May 1999 or for June 1999, then the tables based on
either Table 80CNSMT or Table 90CM may be used. However, if the
valuation date occurs after June 30, 1999, the executor or donor must
use the new mortality experience contained in Table 90CM even if a
prior month interest rate election under section 7520(a) is made.
In addition, for estate tax purposes, the estate of a mentally
incompetent decedent may elect to value the property interest included
in the gross estate under the mortality table and interest rate in
effect at the time the decedent became mentally incompetent or the
mortality table and interest rate in effect on the decedent's date of
death if the decedent was under a mental incapacity that existed on May
1, 1999, and continued uninterrupted until the decedent's death, or the
decedent died within 90 days of regaining competency after April 30,
1999.
Special Analysis
It has been determined that this Treasury decision is not a
significant regulatory action as defined in EO 12866. Therefore, a
regulatory assessment is not required. It also has been determined that
section 553(b) of the Administrative Procedure Act (5 U.S.C. chapter 5)
does not apply to these regulations, and because these regulations do
not impose a collection of information requirement on small entities,
the Regulatory Flexibility Act (5 U.S.C. chapter 6) does not apply.
Therefore, a Regulatory Flexibility Analysis is not required. Pursuant
to section 7805(f) of the Internal Revenue Code, these regulations will
be submitted to the Chief Counsel for Advocacy of the Small Business
Administration for comment on its impact on small business.
Drafting information. The principal author of these regulations is
William L. Blodgett, Office of Assistant Chief Counsel (Passthroughs
and Special Industries), IRS. However, other personnel from the IRS and
Treasury Department participated in their development.
List of Subjects
26 CFR Part 1
Income taxes, Reporting and recordkeeping requirements.
26 CFR Part 20
Estate taxes, Reporting and recordkeeping requirements.
26 CFR Part 25
Gift taxes, Reporting and recordkeeping requirements.
Adoption of Amendments to the Regulations
Accordingly, 26 CFR parts 1, 20, and 25 are amended as follows:
PART 1--INCOME TAXES
Paragraph 1. The authority citation for part 1 is amended by adding
entries in numerical order to read in part as follows:
Authority: 26 U.S.C. 7805 * * *
Section 1.170A-12 also issued under 26 U.S.C. 170(f)(4). * * *
Section 1.642(c)-6 also issued under 26 U.S.C. 642(c)(5).
Section 1.642(c)-6T also issued under 26 U.S.C. 642(c)(5).
Section 1.642(c)-6A also issued under 26 U.S.C. 642(c)(5).
Section 1.664-1 also issued under 26 U.S.C. 664(a).
Section 1.664-2 also issued under 26 U.S.C. 664(a).
Section 1.664-3 also issued under 26 U.S.C. 664(a).
Section 1.664-4 also issued under 26 U.S.C. 664(a).
Section 1.664-4T also issued under 26 U.S.C. 664(a).
Section 1.664-4A also issued under 26 U.S.C. 664(a). * * *
Section 1.7520-1T also issued under 26 U.S.C. 7520(c)(2). * * *
Par. 2. Section 1.170A-6 is amended by revising paragraph (c)(5),
Example (2)(b) introductory text to read as follows:
Sec. 1.170A-6 Charitable contributions in trust.
* * * * *
(c) * * *
(5) * * *
Example 2. * * *
(b) The section 7520 rate at the time of the transfer was 6.0
percent. By reference to Table F(6.0) in Sec. 1.664-4(e)(6), the
adjusted payout rate is 4.717% (5% x 0.943396). The present value
of the reversion is $6,473.75, computed by reference to Table D in
Sec. 1.664-4(e)(6), as follows:
* * * * *
Par. 3. Section 1.170A-12T is added to read as follows:
Sec. 1.170A-12T Valuation of a remainder interest in real property for
contributions made after July 31, 1969 (temporary).
(a) through (b)(1) [Reserved] For further guidance see Sec. 1.170A-
12(a) through (b)(1).
(b)(2) Computation of depreciation factor after April 30, 1999. If
the valuation of the remainder interest in depreciable property is
dependent upon the continuation of one life, a special factor must be
used. The factor determined under this paragraph (b)(2) is carried to
the fifth decimal place. The special factor is to be computed on the
basis of the interest rate and life contingencies prescribed in
Sec. 20.2031-7T (or for certain prior periods, Sec. 20.2031-7A) of this
chapter (Estate Tax Regulations) and on the assumption that the
property depreciates on a straight-line basis over its estimated useful
life. For transfers for which the valuation date is after April 30,
1999, special factors for determining the present value of a remainder
interest following one life and an example describing the computation
are contained in Internal Revenue Service Publication 1459, ``Actuarial
Values, Book Gimel,'' (1999). A copy of this publication is available
for purchase from the Superintendent of Documents, United States
Government Printing Office, Washington, DC 20402. See, however,
Sec. 1.7520-3(b) (relating to exceptions to the use of prescribed
tables under certain circumstances). Otherwise, in the case of the
valuation of a remainder interest following one life, the special
factor may be obtained through use of the following formula:
[GRAPHIC] [TIFF OMITTED] TR30AP99.010
[[Page 23190]]
Where:
n=the estimated number of years of useful life,
i=the applicable interest rate under section 7520 of the Internal
Revenue Code,
v=1 divided by the sum of 1 plus the applicable interest rate under
section 7520 of the Internal Revenue Code,
x=the age of the life tenant, and
lx=number of persons living at age x as set forth in Table 90CM of
Sec. 20.2031-7T (or, for prior periods, the tables set forth under
Sec. 20.2031-7A) of this chapter.
(3) The following example illustrates the provisions of this
paragraph (b):
Example. A, who is 62, donates to Y University a remainder
interest in a personal residence, consisting of a house and land,
subject to a reserved life estate in A. At the time of the gift, the
land has a value of $30,000 and the house has a value of $100,000
with an estimated useful life of 45 years, at the end of which the
value of the house is expected to be $20,000. The portion of the
property considered to be depreciable is $80,000 (the value of the
house ($100,000) less its expected value at the end of 45 years
($20,000)). The portion of the property considered to be
nondepreciable is $50,000 (the value of the land at the time of the
gift ($30,000) plus the expected value of the house at the end of 45
years ($20,000)). At the time of the gift, the interest rate
prescribed under section 7520 is 8.4 percent. Based on an interest
rate of 8.4 percent, the remainder factor for $1.00 prescribed in
Sec. 20.2031-7T(d) of this chapter for a person age 62 is 0.27925.
The value of the nondepreciable remainder interest is $13,962.50
(0.27925 times $50,000). The value of the depreciable remainder
interest is $16,148.80 (0.20186, computed under the formula
described in paragraph (b)(2) of this section, times $80,000).
Therefore, the value of the remainder interest is $30,111.30.
(c) through (e) [Reserved]. For further guidance see Sec. 1.170A-12
(c) through (e).
Par. 4. Section 1.642(c)-6 is amended as follows:
1. Revise the section heading.
2. Paragraph (d) is removed.
3. Paragraph (e) is redesignated as paragraph (e) of Sec. 1.642(c)-
6A.
4. New paragraphs (d) and (e) are added.
5. Paragraph (f) is revised.
The revisions and addition read as follows:
Sec. 1.642(c)-6 Valuation of a remainder interest in property
transferred to a pooled income fund.
* * * * *
(d) and (e) [Reserved]. For further guidance, see Sec. 1.642(c)-
6T(d) and (e).
(f) Effective dates. This section applies after April 30, 1989, and
before May 1, 1999.
Par. 5. Section 1.642(c)-6T is added to read as follows:
Sec. 1.642(c)-6T Valuation of a remainder interest in property
transferred to a pooled income fund (temporary).
(a) through (c) [Reserved]. For further guidance, see
Sec. 1.642(c)-6(a) through (c).
(d) Valuation. The present value of the remainder interest in
property transferred to a pooled income fund after April 30, 1999, is
determined under paragraph (e) of this section. The present value of
the remainder interest in property transferred to a pooled income fund
for which the valuation date is before May 1, 1999, is determined under
the following sections:
------------------------------------------------------------------------
Valuation Dates
----------------------------------------------- Applicable regulations
After Before
------------------------------------------------------------------------
01-01-52 1.642(c)-6A(a).
12-31-51......................... 01-01-71 1.642(c)-6A(b).
12-31-70......................... 12-01-83 1.642(c)-6A(c).
11-30-83......................... 05-01-89 1.642(c)-6A(d).
04-30-89......................... 05-01-99 1.642(c)-6A(e).
------------------------------------------------------------------------
(e) Present value of the remainder interest in the case of
transfers to pooled income funds for which the valuation date is after
April 30, 1999--(1) In general. In the case of transfers to pooled
income funds for which the valuation date is after April 30, 1999, the
present value of a remainder interest is determined under this section.
See, however, Sec. 1.7520-3(b) (relating to exceptions to the use of
prescribed tables under certain circumstances). The present value of a
remainder interest that is dependent on the termination of the life of
one individual is computed by the use of Table S in paragraph (e)(6) of
this section. For purposes of the computations under this section, the
age of an individual is the age at the individual's nearest birthday.
(2) Transitional rules for valuation of transfers to pooled income
funds. (i) For purposes of sections 2055, 2106, or 2624, if on May 1,
1999, the decedent was mentally incompetent so that the disposition of
the property could not be changed, and the decedent died after April
30, 1999, without having regained competency to dispose of the
decedent's property, or the decedent died within 90 days of the date
that the decedent first regained competency after April 30, 1999, the
present value of a remainder interest is determined as if the valuation
date with respect to the decedent's gross estate is either before May
1, 1999, or after April 30, 1999, at the option of the decedent's
executor.
(ii) For purposes of sections 170, 2055, 2106, 2522, or 2624, in
the case of transfers to a pooled income fund for which the valuation
date is after April 30, 1999, and before July 1, 1999, the present
value of the remainder interest under this section is determined by use
of the section 7520 interest rate for the month in which the valuation
date occurs (See Secs. 1.7520-1(b) and 1.7520-2(a)(2)) and the
appropriate actuarial tables under either paragraph (e)(6) of this
section or Sec. 1.642(c)-6A(e)(5), at the option of the donor or the
decedent's executor, as the case may be.
(iii) For purposes of paragraphs (e)(2)(i) and (ii) of this
section, where the donor or decedent's executor is given the option to
use the appropriate actuarial tables under either paragraph (e)(6) of
this section or Sec. 1.642(c)-6A(e)(5), the donor or decedent's
executor must use the same actuarial table with respect to each
individual transaction and with respect to all transfers occurring on
the valuation date (e.g., gift and income tax charitable deductions
with respect to the same transfer must be determined based on the same
tables, and all assets includible in the gross estate and/or estate tax
deductions claimed must be valued based on the same tables).
(3) Present value of a remainder interest. The present value of a
remainder interest in property transferred to a pooled income fund is
computed on the basis of--
(i) Life contingencies determined from the values of lx that are
set forth in Table 90CM in Sec. 20.2031-7T(d)(7) of this chapter
(Estate Tax Regulations) (See Sec. 20.2031-7A of this chapter for
certain prior periods); and
(ii) Discount at a rate of interest, compounded annually, equal to
the highest yearly rate of return of the pooled income fund for the 3
taxable years immediately preceding its taxable year in which the
transfer of property to the fund is made. For purposes of this
paragraph (e), the yearly rate of return of a pooled income fund is
determined as provided in Sec. 1.642(c)-6(c) unless the highest rate of
return is deemed to be the rate described in paragraph (e)(4) of this
section for funds in existence less than 3 taxable years. For purposes
of this paragraph (e)(3)(ii), the first taxable year of a pooled income
fund is considered a taxable year even though the taxable year consists
of less than 12 months. However, appropriate adjustments must be made
to annualize the rate of return earned by the fund for that period.
Where it appears from the facts and circumstances that the highest
yearly rate of return of the fund for the 3 taxable years immediately
preceding
[[Page 23191]]
the taxable year in which the transfer of property is made has been
purposely manipulated to be substantially less than the rate of return
that would otherwise be reasonably anticipated with the purpose of
obtaining an excessive charitable deduction, that rate of return may
not be used. In that case, the highest yearly rate of return of the
fund is determined by treating the fund as a pooled income fund that
has been in existence for less than 3 preceding taxable years.
(4) Pooled income funds in existence less than 3 taxable years. If
a pooled income fund has been in existence less than 3 taxable years
immediately preceding the taxable year in which the transfer is made to
the fund and the transfer to the fund is made after April 30, 1989, the
highest rate of return is deemed to be the interest rate (rounded to
the nearest two-tenths of one percent) that is 1 percent less than the
highest annual average of the monthly section 7520 rates for the 3
calendar years immediately preceding the calendar year in which the
transfer to the pooled income fund is made. The deemed rate of return
for transfers to new pooled income funds is recomputed each calendar
year using the monthly section 7520 rates for the 3-year period
immediately preceding the calendar year in which each transfer to the
fund is made until the fund has been in existence for 3 taxable years
and can compute its highest rate of return for the 3 taxable years
immediately preceding the taxable year in which the transfer of
property to the fund is made in accordance with the rules set forth in
the first sentence of paragraph (e)(3)(ii) of this section.
(5) Computation of value of remainder interest. The factor that is
used in determining the present value of a remainder interest that is
dependent on the termination of the life of one individual is the
factor from Table S in paragraph (e)(6) of this section under the
appropriate yearly rate of return opposite the number that corresponds
to the age of the individual upon whose life the value of the remainder
interest is based (See Sec. 1.642(c)-6A for certain prior periods). The
tables in paragraph (e)(6) of this section include factors for yearly
rates of return from 4.2 to 14 percent. Many actuarial factors not
contained in the tables in paragraph (e)(6) of this section are
contained in Table S in Internal Revenue Service Publication 1457,
``Actuarial Values, Book Aleph,'' (1999). A copy of this publication is
available for purchase from the Superintendent of Documents, United
States Government Printing Office, Washington, DC 20402. For other
situations, see Sec. 1.642(c)-6(b). If the yearly rate of return is a
percentage that is between the yearly rates of return for which factors
are provided, a linear interpolation must be made. The present value of
the remainder interest is determined by multiplying the fair market
value of the property on the valuation date by the appropriate
remainder factor. This paragraph (e)(5) may be illustrated by the
following example:
Example. A, who is 54 years and 8 months, transfers $100,000 to
a pooled income fund, and retains a life income interest in the
property. The highest yearly rate of return earned by the fund for
its 3 preceding taxable years is 9.47 percent. In Table S, the
remainder factor opposite 55 years under 9.4 percent is .17449 and
under 9.6 percent is .17001. The present value of the remainder
interest is $17,292.00, computed as follows:
Factor at 9.4 percent for age 55.............................. .17449
Factor at 9.6 percent for age 55.............................. .17001
---------
Difference.................................................... .00448
Interpolation adjustment:
[GRAPHIC] [TIFF OMITTED] TR30AP99.004
Factor at 9.4 percent for age 55.......................... .17449
Less: Interpolation adjustment............................ .00157
-------------
Interpolated factor....................................... .17292
Present value of remainder interest: ($100,000 x .17292) $17,292.00
(6) Actuarial tables. In the case of transfers for which the
valuation date is after April 30, 1999, the present value of a
remainder interest dependent on the termination of one life in the case
of a transfer to a pooled income fund is determined by use of the
following Table S:
Table S.--Single Life Remainder Factors Applicable After April 30, 1999
Based on Life Table 90CM
[Interest rate]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 4.2% 4.4% 4.6% 4.8% 5.0% 5.2% 5.4% 5.6% 5.8% 6.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .06752 .06130 .05586 .05109 .04691 .04322 .03998 .03711 .03458 .03233
1................................................. .06137 .05495 .04932 .04438 .04003 .03620 .03283 .02985 .02721 .02487
2................................................. .06325 .05667 .05088 .04580 .04132 .03737 .03388 .03079 .02806 .02563
3................................................. .06545 .05869 .05275 .04752 .04291 .03883 .03523 .03203 .02920 .02668
4................................................. .06784 .06092 .05482 .04944 .04469 .04048 .03676 .03346 .03052 .02791
5................................................. .07040 .06331 .05705 .05152 .04662 .04229 .03845 .03503 .03199 .02928
6................................................. .07310 .06583 .05941 .05372 .04869 .04422 .04025 .03672 .03357 .03076
7................................................. .07594 .06849 .06191 .05607 .05089 .04628 .04219 .03854 .03528 .03236
8................................................. .07891 .07129 .06453 .05853 .05321 .04846 .04424 .04046 .03709 .03407
9................................................. .08203 .07423 .06731 .06115 .05567 .05079 .04643 .04253 .03904 .03592
10................................................. .08532 .07734 .07024 .06392 .05829 .05326 .04877 .04474 .04114 .03790
11................................................. .08875 .08059 .07331 .06683 .06104 .05587 .05124 .04709 .04336 .04002
12................................................. .09233 .08398 .07653 .06989 .06394 .05862 .05385 .04957 .04572 .04226
13................................................. .09601 .08748 .07985 .07304 .06693 .06146 .05655 .05214 .04816 .04458
14................................................. .09974 .09102 .08322 .07624 .06997 .06435 .05929 .05474 .05064 .04694
15................................................. .10350 .09460 .08661 .07946 .07303 .06725 .06204 .05735 .05312 .04930
16................................................. .10728 .09818 .09001 .08268 .07608 .07014 .06479 .05996 .05559 .05164
17................................................. .11108 .10179 .09344 .08592 .07916 .07306 .06755 .06257 .05807 .05399
18................................................. .11494 .10545 .09691 .08921 .08227 .07601 .07034 .06521 .06057 .05636
19................................................. .11889 .10921 .10047 .09259 .08548 .07904 .07322 .06794 .06315 .05880
20................................................. .12298 .11310 .10417 .09610 .08881 .08220 .07622 .07078 .06584 .06135
21................................................. .12722 .11713 .10801 .09976 .09228 .08550 .07935 .07375 .06866 .06403
22................................................. .13159 .12130 .11199 .10354 .09588 .08893 .08260 .07685 .07160 .06682
23................................................. .13613 .12563 .11612 .10748 .09964 .09250 .08601 .08009 .07468 .06975
24................................................. .14084 .13014 .12043 .11160 .10357 .09625 .08958 .08349 .07793 .07284
[[Page 23192]]
25................................................. .14574 .13484 .12493 .11591 .10768 .10018 .09334 .08708 .08135 .07611
26................................................. .15084 .13974 .12963 .12041 .11199 .10431 .09728 .09085 .08496 .07956
27................................................. .15615 .14485 .13454 .12513 .11652 .10865 .10144 .09484 .08878 .08322
28................................................. .16166 .15016 .13965 .13004 .12124 .11319 .10580 .09901 .09279 .08706
29................................................. .16737 .15567 .14497 .13516 .12617 .11792 .11035 .10339 .09699 .09109
30................................................. .17328 .16138 .15048 .14047 .13129 .12286 .11510 .10796 .10138 .09532
31................................................. .17938 .16728 .15618 .14599 .13661 .12799 .12004 .11272 .10597 .09974
32................................................. .18568 .17339 .16210 .15171 .14214 .13333 .12520 .11769 .11076 .10435
33................................................. .19220 .17972 .16824 .15766 .14790 .13889 .13058 .12289 .11578 .10920
34................................................. .19894 .18627 .17460 .16383 .15388 .14468 .13618 .12831 .12102 .11426
35................................................. .20592 .19307 .18121 .17025 .16011 .15073 .14204 .13399 .12652 .11958
36................................................. .21312 .20010 .18805 .17691 .16658 .15701 .14814 .13990 .13225 .12514
37................................................. .22057 .20737 .19514 .18382 .17331 .16356 .15450 .14608 .13825 .13096
38................................................. .22827 .21490 .20251 .19100 .18031 .17038 .16113 .15253 .14452 .13705
39................................................. .23623 .22270 .21013 .19845 .18759 .17747 .16805 .15927 .15108 .14344
40................................................. .24446 .23078 .21805 .20620 .19516 .18487 .17527 .16631 .15795 .15013
41................................................. .25298 .23915 .22626 .21425 .20305 .19259 .18282 .17368 .16514 .15715
42................................................. .26178 .24782 .23478 .22262 .21125 .20062 .19069 .18138 .17267 .16450
43................................................. .27087 .25678 .24360 .23129 .21977 .20898 .19888 .18941 .18053 .17220
44................................................. .28025 .26603 .25273 .24027 .22860 .21766 .20740 .19777 .18873 .18023
45................................................. .28987 .27555 .26212 .24953 .23772 .22664 .21622 .20644 .19724 .18858
46................................................. .29976 .28533 .27179 .25908 .24714 .23591 .22536 .21542 .20606 .19725
47................................................. .30987 .29535 .28171 .26889 .25682 .24546 .23476 .22468 .21518 .20621
48................................................. .32023 .30563 .29190 .27897 .26678 .25530 .24447 .23425 .22460 .21549
49................................................. .33082 .31615 .30234 .28931 .27702 .26543 .25447 .24412 .23434 .22509
50................................................. .34166 .32694 .31306 .29995 .28756 .27586 .26479 .25432 .24441 .23502
51................................................. .35274 .33798 .32404 .31085 .29838 .28658 .27541 .26482 .25479 .24528
52................................................. .36402 .34924 .33525 .32200 .30946 .29757 .28630 .27561 .26547 .25584
53................................................. .37550 .36070 .34668 .33339 .32078 .30882 .29746 .28667 .27643 .26669
54................................................. .38717 .37237 .35833 .34500 .33234 .32031 .30888 .29801 .28766 .27782
55................................................. .39903 .38424 .37019 .35683 .34413 .33205 .32056 .30961 .29918 .28925
56................................................. .41108 .39631 .38227 .36890 .35617 .34405 .33250 .32149 .31099 .30097
57................................................. .42330 .40857 .39455 .38118 .36844 .35629 .34469 .33363 .32306 .31297
58................................................. .43566 .42098 .40699 .39364 .38089 .36873 .35710 .34600 .33538 .32522
59................................................. .44811 .43351 .41956 .40623 .39350 .38133 .36968 .35855 .34789 .33768
60................................................. .46066 .44613 .43224 .41896 .40624 .39408 .38243 .37127 .36058 .35033
61................................................. .47330 .45887 .44505 .43182 .41914 .40699 .39535 .38418 .37347 .36318
62................................................. .48608 .47175 .45802 .44485 .43223 .42011 .40848 .39732 .38660 .37629
63................................................. .49898 .48478 .47115 .45807 .44550 .43343 .42184 .41069 .39997 .38966
64................................................. .51200 .49793 .48442 .47143 .45895 .44694 .43539 .42427 .41357 .40326
65................................................. .52512 .51121 .49782 .48495 .47255 .46062 .44912 .43805 .42738 .41709
66................................................. .53835 .52461 .51137 .49862 .48634 .47449 .46307 .45206 .44143 .43118
67................................................. .55174 .53818 .52511 .51250 .50034 .48860 .47727 .46633 .45576 .44556
68................................................. .56524 .55188 .53899 .52654 .51452 .50291 .49168 .48083 .47034 .46020
69................................................. .57882 .56568 .55299 .54071 .52885 .51737 .50627 .49552 .48513 .47506
70................................................. .59242 .57951 .56703 .55495 .54325 .53193 .52096 .51034 .50004 .49007
71................................................. .60598 .59332 .58106 .56918 .55767 .54651 .53569 .52520 .51503 .50516
72................................................. .61948 .60707 .59504 .58338 .57206 .56108 .55043 .54009 .53004 .52029
73................................................. .63287 .62073 .60895 .59751 .58640 .57561 .56513 .55495 .54505 .53543
74................................................. .64621 .63435 .62282 .61162 .60073 .59015 .57985 .56984 .56009 .55061
75................................................. .65953 .64796 .63671 .62575 .61510 .60473 .59463 .58480 .57523 .56591
76................................................. .67287 .66160 .65063 .63995 .62954 .61940 .60952 .59989 .59050 .58135
77................................................. .68622 .67526 .66459 .65419 .64404 .63415 .62450 .61509 .60590 .59694
78................................................. .69954 .68892 .67856 .66845 .65858 .64895 .63955 .63036 .62140 .61264
79................................................. .71278 .70250 .69246 .68265 .67308 .66372 .65457 .64563 .63690 .62836
80................................................. .72581 .71588 .70618 .69668 .68740 .67833 .66945 .66077 .65227 .64396
81................................................. .73857 .72899 .71962 .71045 .70147 .69268 .68408 .67566 .66741 .65933
82................................................. .75101 .74178 .73274 .72389 .71522 .70672 .69840 .69024 .68225 .67441
83................................................. .76311 .75423 .74553 .73700 .72864 .72044 .71240 .70451 .69678 .68919
84................................................. .77497 .76645 .75809 .74988 .74183 .73393 .72618 .71857 .71110 .70377
85................................................. .78665 .77848 .77047 .76260 .75487 .74728 .73982 .73250 .72530 .71823
86................................................. .79805 .79025 .78258 .77504 .76764 .76036 .75320 .74617 .73925 .73245
87................................................. .80904 .80159 .79427 .78706 .77998 .77301 .76615 .75940 .75277 .74624
88................................................. .81962 .81251 .80552 .79865 .79188 .78521 .77865 .77220 .76584 .75958
89................................................. .82978 .82302 .81636 .80980 .80335 .79699 .79072 .78455 .77847 .77248
90................................................. .83952 .83309 .82676 .82052 .81437 .80831 .80234 .79645 .79064 .78492
91................................................. .84870 .84260 .83658 .83064 .82479 .81902 .81332 .80771 .80217 .79671
92................................................. .85716 .85136 .84563 .83998 .83441 .82891 .82348 .81812 .81283 .80761
93................................................. .86494 .85942 .85396 .84858 .84326 .83801 .83283 .82771 .82266 .81767
94................................................. .87216 .86690 .86170 .85657 .85149 .84648 .84153 .83664 .83181 .82704
95................................................. .87898 .87397 .86902 .86412 .85928 .85450 .84977 .84510 .84049 .83592
96................................................. .88537 .88060 .87587 .87121 .86659 .86203 .85751 .85305 .84864 .84427
97................................................. .89127 .88672 .88221 .87775 .87335 .86898 .86467 .86040 .85618 .85200
98................................................. .89680 .89245 .88815 .88389 .87968 .87551 .87138 .86730 .86326 .85926
[[Page 23193]]
99................................................. .90217 .89803 .89393 .88987 .88585 .88187 .87793 .87402 .87016 .86633
100................................................. .90738 .90344 .89953 .89567 .89183 .88804 .88428 .88056 .87687 .87322
101................................................. .91250 .90876 .90504 .90137 .89772 .89412 .89054 .88699 .88348 .88000
102................................................. .91751 .91396 .91045 .90696 .90350 .90007 .89668 .89331 .88997 .88666
103................................................. .92247 .91912 .91579 .91249 .90922 .90598 .90276 .89957 .89640 .89326
104................................................. .92775 .92460 .92148 .91839 .91532 .91227 .90924 .90624 .90326 .90031
105................................................. .93290 .92996 .92704 .92415 .92127 .91841 .91558 .91276 .90997 .90719
106................................................. .93948 .93680 .93415 .93151 .92889 .92628 .92370 .92113 .91857 .91604
107................................................. .94739 .94504 .94271 .94039 .93808 .93579 .93351 .93124 .92899 .92675
108................................................. .95950 .95767 .95585 .95404 .95224 .95045 .94867 .94689 .94512 .94336
109................................................. .97985 .97893 .97801 .97710 .97619 .97529 .97438 .97348 .97259 .97170
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 7.8% 8.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .03034 .02857 .02700 .02559 .02433 .02321 .02220 .02129 .02047 .01973
1................................................. .02279 .02094 .01929 .01782 .01650 .01533 .01427 .01331 .01246 .01168
2................................................. .02347 .02155 .01983 .01829 .01692 .01569 .01458 .01358 .01268 .01187
3................................................. .02444 .02243 .02065 .01905 .01761 .01632 .01516 .01412 .01317 .01232
4................................................. .02558 .02349 .02163 .01996 .01846 .01712 .01590 .01481 .01382 .01292
5................................................. .02686 .02469 .02275 .02101 .01945 .01804 .01677 .01562 .01458 .01364
6................................................. .02825 .02600 .02398 .02217 .02053 .01906 .01773 .01653 .01544 .01445
7................................................. .02976 .02742 .02532 .02343 .02172 .02019 .01880 .01754 .01640 .01536
8................................................. .03137 .02894 .02675 .02479 .02301 .02140 .01995 .01864 .01744 .01635
9................................................. .03311 .03059 .02832 .02627 .02442 .02274 .02122 .01985 .01859 .01745
10................................................. .03499 .03237 .03001 .02788 .02595 .02420 .02262 .02118 .01987 .01867
11................................................. .03700 .03428 .03183 .02961 .02760 .02578 .02413 .02262 .02125 .02000
12................................................. .03913 .03632 .03377 .03146 .02937 .02748 .02575 .02418 .02275 .02144
13................................................. .04135 .03843 .03579 .03339 .03122 .02924 .02744 .02580 .02431 .02294
14................................................. .04359 .04057 .03783 .03534 .03308 .03102 .02915 .02744 .02587 .02444
15................................................. .04584 .04270 .03986 .03728 .03493 .03279 .03083 .02905 .02742 .02593
16................................................. .04806 .04482 .04187 .03919 .03674 .03452 .03248 .03063 .02892 .02736
17................................................. .05029 .04692 .04387 .04108 .03855 .03623 .03411 .03218 .03040 .02877
18................................................. .05253 .04905 .04588 .04299 .04036 .03795 .03574 .03373 .03187 .03017
19................................................. .05484 .05124 .04796 .04496 .04222 .03972 .03742 .03532 .03339 .03161
20................................................. .05726 .05354 .05013 .04702 .04418 .04158 .03919 .03700 .03498 .03313
21................................................. .05980 .05595 .05242 .04920 .04625 .04354 .04105 .03877 .03667 .03473
22................................................. .06246 .05847 .05482 .05147 .04841 .04559 .04301 .04063 .03844 .03642
23................................................. .06524 .06112 .05734 .05387 .05069 .04777 .04508 .04260 .04032 .03821
24................................................. .06819 .06392 .06001 .05642 .05312 .05008 .04728 .04470 .04232 .04012
25................................................. .07131 .06690 .06285 .05913 .05570 .05255 .04964 .04695 .04447 .04218
26................................................. .07460 .07005 .06586 .06200 .05845 .05518 .05215 .04936 .04677 .04438
27................................................. .07810 .07340 .06907 .06508 .06140 .05800 .05485 .05195 .04925 .04676
28................................................. .08179 .07693 .07246 .06833 .06451 .06098 .05772 .05469 .05189 .04929
29................................................. .08566 .08065 .07603 .07176 .06780 .06414 .06075 .05761 .05469 .05198
30................................................. .08973 .08456 .07978 .07536 .07127 .06748 .06396 .06069 .05766 .05483
31................................................. .09398 .08865 .08372 .07915 .07491 .07098 .06733 .06394 .06078 .05785
32................................................. .09843 .09294 .08785 .08313 .07875 .07468 .07089 .06737 .06409 .06103
33................................................. .10310 .09745 .09220 .08732 .08279 .07858 .07466 .07100 .06759 .06441
34................................................. .10799 .10217 .09676 .09173 .08705 .08269 .07862 .07483 .07129 .06798
35................................................. .11314 .10715 .10157 .09638 .09155 .08704 .08283 .07890 .07522 .07179
36................................................. .11852 .11236 .10662 .10127 .09628 .09162 .08726 .08319 .07938 .07581
37................................................. .12416 .11783 .11193 .10641 .10126 .09645 .09194 .08772 .08377 .08006
38................................................. .13009 .12359 .11751 .11183 .10652 .10155 .09689 .09253 .08843 .08459
39................................................. .13629 .12962 .12338 .11753 .11206 .10693 .10212 .09761 .09337 .08938
40................................................. .14281 .13597 .12955 .12355 .11791 .11262 .10766 .10299 .09860 .09447
41................................................. .14966 .14264 .13606 .12989 .12409 .11864 .11352 .10870 .10417 .09989
42................................................. .15685 .14966 .14291 .13657 .13061 .12500 .11972 .11475 .11006 .10564
43................................................. .16437 .15702 .15010 .14360 .13747 .13171 .12627 .12115 .11631 .11174
44................................................. .17224 .16472 .15764 .15098 .14469 .13876 .13317 .12789 .12290 .11819
45................................................. .18042 .17274 .16550 .15867 .15223 .14615 .14040 .13496 .12982 .12496
46................................................. .18893 .18110 .17370 .16671 .16011 .15387 .14796 .14238 .13708 .13207
47................................................. .19775 .18975 .18220 .17505 .16830 .16190 .15584 .15010 .14466 .13950
48................................................. .20688 .19873 .19102 .18373 .17682 .17027 .16406 .15817 .15258 .14727
49................................................. .21633 .20804 .20018 .19274 .18568 .17898 .17262 .16658 .16084 .15539
50................................................. .22612 .21769 .20969 .20210 .19490 .18805 .18155 .17536 .16948 .16388
51................................................. .23625 .22769 .21955 .21182 .20448 .19749 .19084 .18452 .17849 .17275
52................................................. .24669 .23799 .22973 .22186 .21438 .20726 .20047 .19400 .18784 .18196
53................................................. .25742 .24861 .24022 .23222 .22461 .21735 .21043 .20383 .19753 .19151
54................................................. .26845 .25952 .25101 .24290 .23516 .22777 .22072 .21399 .20756 .20140
55................................................. .27978 .27074 .26212 .25389 .24604 .23853 .23136 .22450 .21793 .21166
56................................................. .29140 .28227 .27355 .26522 .25725 .24963 .24233 .23535 .22867 .22227
57................................................. .30333 .29411 .28529 .27686 .26879 .26106 .25365 .24656 .23976 .23324
58................................................. .31551 .30621 .29731 .28878 .28061 .27278 .26528 .25807 .25116 .24453
59................................................. .32790 .31854 .30956 .30095 .29269 .28477 .27716 .26986 .26284 .25610
[[Page 23194]]
60................................................. .34050 .33107 .32202 .31334 .30500 .29699 .28929 .28190 .27478 .26794
61................................................. .35331 .34384 .33473 .32598 .31757 .30948 .30170 .29422 .28701 .28007
62................................................. .36639 .35688 .34772 .33892 .33044 .32229 .31443 .30687 .29958 .29255
63................................................. .37974 .37020 .36101 .35216 .34363 .33542 .32750 .31986 .31250 .30539
64................................................. .39334 .38378 .37456 .36568 .35711 .34884 .34087 .33317 .32574 .31857
65................................................. .40718 .39761 .38838 .37947 .37087 .36257 .35455 .34681 .33932 .33208
66................................................. .42128 .41172 .40249 .39357 .38496 .37663 .36858 .36079 .35326 .34597
67................................................. .43569 .42616 .41694 .40803 .39941 .39107 .38299 .37518 .36761 .36028
68................................................. .45038 .44089 .43170 .42281 .41419 .40585 .39777 .38994 .38235 .37499
69................................................. .46531 .45587 .44672 .43786 .42927 .42094 .41286 .40503 .39743 .39006
70................................................. .48040 .47103 .46194 .45312 .44456 .43626 .42820 .42038 .41278 .40540
71................................................. .49558 .48629 .47727 .46851 .46000 .45174 .44371 .43591 .42832 .42095
72................................................. .51082 .50162 .49268 .48399 .47554 .46733 .45934 .45157 .44401 .43666
73................................................. .52607 .51697 .50813 .49952 .49114 .48299 .47506 .46733 .45981 .45249
74................................................. .54139 .53241 .52367 .51515 .50686 .49879 .49092 .48325 .47578 .46849
75................................................. .55683 .54798 .53936 .53095 .52276 .51477 .50698 .49938 .49197 .48474
76................................................. .57243 .56373 .55524 .54696 .53888 .53100 .52330 .51579 .50846 .50130
77................................................. .58819 .57965 .57132 .56318 .55523 .54747 .53988 .53247 .52523 .51815
78................................................. .60408 .59572 .58755 .57957 .57177 .56414 .55668 .54939 .54225 .53527
79................................................. .62001 .61184 .60385 .59604 .58840 .58092 .57360 .56644 .55943 .55256
80................................................. .63582 .62786 .62007 .61244 .60497 .59765 .59048 .58347 .57659 .56985
81................................................. .65142 .64367 .63608 .62864 .62135 .61421 .60721 .60034 .59361 .58701
82................................................. .66673 .65920 .65182 .64458 .63748 .63052 .62368 .61698 .61041 .60395
83................................................. .68175 .67444 .66728 .66024 .65334 .64656 .63991 .63338 .62696 .62066
84................................................. .69657 .68950 .68256 .67574 .66904 .66246 .65599 .64964 .64340 .63727
85................................................. .71128 .70446 .69775 .69116 .68467 .67830 .67204 .66587 .65982 .65386
86................................................. .72576 .71919 .71272 .70636 .70010 .69394 .68789 .68193 .67606 .67029
87................................................. .73981 .73349 .72726 .72114 .71511 .70917 .70333 .69757 .69190 .68632
88................................................. .75342 .74735 .74137 .73548 .72968 .72396 .71833 .71279 .70732 .70194
89................................................. .76658 .76076 .75503 .74938 .74381 .73832 .73290 .72757 .72231 .71712
90................................................. .77928 .77371 .76823 .76281 .75748 .75221 .74702 .74190 .73684 .73186
91................................................. .79131 .78600 .78075 .77557 .77046 .76542 .76044 .75553 .75068 .74589
92................................................. .80246 .79737 .79235 .78740 .78250 .77767 .77290 .76818 .76353 .75893
93................................................. .81274 .80788 .80307 .79832 .79363 .78899 .78441 .77989 .77542 .77100
94................................................. .82232 .81766 .81306 .80850 .80401 .79956 .79517 .79082 .78653 .78228
95................................................. .83141 .82695 .82254 .81818 .81387 .80961 .80539 .80122 .79710 .79302
96................................................. .83996 .83569 .83147 .82729 .82316 .81907 .81503 .81103 .80707 .80315
97................................................. .84787 .84378 .83973 .83573 .83176 .82784 .82396 .82012 .81632 .81255
98................................................. .85530 .85138 .84750 .84366 .83985 .83609 .83236 .82867 .82502 .82140
99................................................. .86255 .85880 .85508 .85140 .84776 .84415 .84057 .83703 .83353 .83005
100................................................. .86960 .86601 .86246 .85894 .85546 .85200 .84858 .84519 .84183 .83849
101................................................. .87655 .87313 .86974 .86638 .86305 .85975 .85648 .85324 .85003 .84684
102................................................. .88338 .88012 .87689 .87369 .87052 .86738 .86426 .86116 .85809 .85505
103................................................. .89015 .88706 .88399 .88095 .87793 .87494 .87197 .86903 .86611 .86321
104................................................. .89737 .89446 .89157 .88871 .88586 .88304 .88024 .87745 .87469 .87195
105................................................. .90443 .90170 .89898 .89628 .89360 .89094 .88830 .88568 .88307 .88049
106................................................. .91351 .91101 .90852 .90605 .90359 .90115 .89873 .89632 .89392 .89154
107................................................. .92452 .92230 .92010 .91791 .91573 .91356 .91141 .90927 .90714 .90502
108................................................. .94161 .93987 .93814 .93641 .93469 .93298 .93128 .92958 .92790 .92622
109................................................. .97081 .96992 .96904 .96816 .96729 .96642 .96555 .96468 .96382 .96296
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 8.2% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4% 9.6% 9.8% 10.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .01906 .01845 .01790 .01740 .01694 .01652 .01613 .01578 .01546 .01516
1................................................. .01098 .01034 .00977 .00924 .00876 .00833 .00793 .00756 .00722 .00691
2................................................. .01113 .01046 .00986 .00930 .00880 .00834 .00791 .00753 .00717 .00684
3................................................. .01155 .01084 .01020 .00962 .00909 .00860 .00816 .00775 .00737 .00702
4................................................. .01211 .01137 .01069 .01008 .00952 .00900 .00853 .00810 .00770 .00733
5................................................. .01279 .01201 .01130 .01065 .01006 .00952 .00902 .00856 .00814 .00775
6................................................. .01356 .01274 .01199 .01131 .01068 .01011 .00959 .00910 .00865 .00824
7................................................. .01442 .01356 .01277 .01205 .01140 .01079 .01023 .00972 .00925 .00881
8................................................. .01536 .01446 .01363 .01287 .01218 .01154 .01096 .01041 .00991 .00945
9................................................. .01641 .01546 .01460 .01380 .01307 .01240 .01178 .01120 .01068 .01019
10................................................. .01758 .01659 .01567 .01484 .01407 .01336 .01270 .01210 .01154 .01103
11................................................. .01886 .01781 .01686 .01598 .01517 .01442 .01373 .01310 .01251 .01196
12................................................. .02024 .01915 .01814 .01721 .01636 .01558 .01485 .01419 .01357 .01299
13................................................. .02168 .02054 .01948 .01851 .01762 .01679 .01603 .01533 .01467 .01407
14................................................. .02313 .02193 .02083 .01981 .01887 .01801 .01721 .01646 .01578 .01514
15................................................. .02456 .02330 .02214 .02107 .02009 .01918 .01834 .01756 .01684 .01617
16................................................. .02593 .02462 .02340 .02229 .02126 .02030 .01942 .01860 .01785 .01714
17................................................. .02728 .02590 .02463 .02346 .02238 .02138 .02046 .01960 .01880 .01806
18................................................. .02861 .02717 .02584 .02462 .02348 .02243 .02146 .02056 .01972 .01894
19................................................. .02998 .02847 .02708 .02580 .02461 .02351 .02249 .02154 .02066 .01984
20................................................. .03142 .02984 .02839 .02704 .02580 .02465 .02357 .02258 .02165 .02079
[[Page 23195]]
21................................................. .03295 .03130 .02978 .02837 .02706 .02585 .02473 .02368 .02271 .02180
22................................................. .03455 .03283 .03124 .02976 .02839 .02712 .02594 .02484 .02382 .02286
23................................................. .03626 .03446 .03279 .03124 .02981 .02847 .02723 .02608 .02500 .02400
24................................................. .03809 .03620 .03446 .03283 .03133 .02993 .02863 .02741 .02628 .02522
25................................................. .04005 .03808 .03625 .03456 .03298 .03151 .03014 .02887 .02768 .02656
26................................................. .04216 .04010 .03819 .03641 .03476 .03322 .03178 .03044 .02919 .02802
27................................................. .04444 .04229 .04029 .03843 .03670 .03508 .03357 .03217 .03085 .02962
28................................................. .04687 .04463 .04254 .04059 .03877 .03708 .03550 .03402 .03263 .03133
29................................................. .04946 .04712 .04493 .04289 .04099 .03922 .03756 .03600 .03455 .03318
30................................................. .05221 .04976 .04748 .04534 .04335 .04149 .03975 .03812 .03659 .03515
31................................................. .05511 .05255 .05017 .04794 .04585 .04390 .04208 .04037 .03876 .03725
32................................................. .05818 .05551 .05302 .05069 .04851 .04647 .04455 .04276 .04107 .03948
33................................................. .06144 .05866 .05606 .05363 .05135 .04921 .04720 .04532 .04355 .04188
34................................................. .06489 .06200 .05928 .05674 .05436 .05212 .05002 .04805 .04619 .04444
35................................................. .06857 .06555 .06273 .06007 .05758 .05524 .05304 .05097 .04902 .04718
36................................................. .07246 .06932 .06638 .06361 .06101 .05856 .05626 .05409 .05205 .05012
37................................................. .07659 .07332 .07025 .06737 .06466 .06210 .05969 .05742 .05528 .05325
38................................................. .08098 .07758 .07439 .07138 .06855 .06588 .06336 .06099 .05874 .05662
39................................................. .08563 .08210 .07878 .07565 .07270 .06992 .06729 .06480 .06245 .06023
40................................................. .09059 .08692 .08347 .08021 .07714 .07423 .07149 .06889 .06643 .06411
41................................................. .09586 .09206 .08848 .08509 .08189 .07886 .07600 .07329 .07072 .06828
42................................................. .10147 .09753 .09381 .09029 .08696 .08381 .08083 .07800 .07531 .07277
43................................................. .10742 .10334 .09948 .09583 .09237 .08909 .08598 .08304 .08024 .07758
44................................................. .11373 .10950 .10551 .10172 .09813 .09472 .09148 .08841 .08549 .08272
45................................................. .12035 .11599 .11185 .10792 .10420 .10066 .09730 .09410 .09106 .08817
46................................................. .12732 .12281 .11853 .11447 .11061 .10694 .10345 .10013 .09696 .09395
47................................................. .13460 .12995 .12553 .12133 .11733 .11353 .10991 .10646 .10317 .10004
48................................................. .14223 .13743 .13287 .12853 .12439 .12046 .11671 .11313 .10972 .10646
49................................................. .15020 .14526 .14056 .13608 .13181 .12774 .12385 .12015 .11661 .11322
50................................................. .15855 .15347 .14862 .14401 .13960 .13540 .13138 .12754 .12388 .12037
51................................................. .16727 .16205 .15707 .15232 .14777 .14344 .13929 .13532 .13153 .12789
52................................................. .17634 .17098 .16587 .16097 .15630 .15183 .14755 .14345 .13953 .13577
53................................................. .18576 .18027 .17501 .16999 .16518 .16057 .15616 .15194 .14789 .14400
54................................................. .19552 .18990 .18451 .17935 .17441 .16968 .16514 .16078 .15661 .15260
55................................................. .20564 .19989 .19437 .18908 .18402 .17915 .17449 .17001 .16571 .16157
56................................................. .21613 .21025 .20461 .19919 .19400 .18901 .18422 .17962 .17519 .17093
57................................................. .22698 .22098 .21522 .20968 .20436 .19925 .19434 .18961 .18507 .18069
58................................................. .23816 .23204 .22616 .22051 .21507 .20984 .20481 .19996 .19530 .19080
59................................................. .24962 .24339 .23740 .23163 .22608 .22073 .21558 .21062 .20584 .20123
60................................................. .26136 .25502 .24892 .24304 .23738 .23192 .22666 .22158 .21669 .21196
61................................................. .27339 .26695 .26075 .25477 .24900 .24343 .23806 .23288 .22787 .22304
62................................................. .28578 .27925 .27295 .26687 .26100 .25533 .24985 .24456 .23945 .23451
63................................................. .29854 .29192 .28553 .27935 .27339 .26762 .26205 .25666 .25145 .24641
64................................................. .31164 .30494 .29846 .29221 .28615 .28030 .27463 .26915 .26384 .25870
65................................................. .32508 .31831 .31177 .30543 .29930 .29336 .28761 .28203 .27663 .27140
66................................................. .33891 .33208 .32547 .31906 .31285 .30684 .30101 .29536 .28987 .28456
67................................................. .35318 .34630 .33963 .33316 .32689 .32081 .31491 .30918 .30363 .29823
68................................................. .36785 .36093 .35422 .34770 .34138 .33524 .32928 .32349 .31787 .31240
69................................................. .38290 .37595 .36920 .36265 .35628 .35009 .34408 .33824 .33256 .32703
70................................................. .39823 .39127 .38450 .37791 .37151 .36529 .35924 .35335 .34762 .34204
71................................................. .41378 .40681 .40003 .39343 .38701 .38076 .37467 .36875 .36298 .35736
72................................................. .42950 .42253 .41575 .40914 .40271 .39644 .39034 .38438 .37858 .37293
73................................................. .44535 .43840 .43162 .42502 .41858 .41231 .40619 .40022 .39440 .38872
74................................................. .46139 .45446 .44771 .44112 .43469 .42842 .42230 .41632 .41049 .40479
75................................................. .47769 .47080 .46408 .45752 .45111 .44485 .43874 .43277 .42693 .42123
76................................................. .49430 .48747 .48079 .47427 .46790 .46167 .45558 .44963 .44380 .43811
77................................................. .51123 .50447 .49786 .49139 .48506 .47888 .47282 .46690 .46111 .45543
78................................................. .52845 .52177 .51523 .50884 .50257 .49645 .49044 .48457 .47881 .47317
79................................................. .54584 .53926 .53282 .52650 .52032 .51426 .50833 .50251 .49681 .49122
80................................................. .56325 .55678 .55044 .54423 .53813 .53216 .52630 .52056 .51492 .50939
81................................................. .58054 .57419 .56797 .56186 .55587 .54999 .54422 .53856 .53300 .52754
82................................................. .59762 .59140 .58530 .57931 .57343 .56766 .56198 .55641 .55094 .54557
83................................................. .61448 .60840 .60243 .59657 .59081 .58515 .57958 .57411 .56874 .56346
84................................................. .63124 .62531 .61949 .61376 .60813 .60259 .59715 .59179 .58652 .58134
85................................................. .64800 .64224 .63657 .63099 .62550 .62010 .61478 .60955 .60441 .59934
86................................................. .66461 .65902 .65351 .64810 .64276 .63751 .63233 .62724 .62222 .61728
87................................................. .68083 .67541 .67008 .66483 .65965 .65455 .64953 .64458 .63970 .63489
88................................................. .69663 .69140 .68624 .68116 .67615 .67121 .66634 .66154 .65680 .65213
89................................................. .71201 .70696 .70199 .69708 .69224 .68747 .68276 .67811 .67353 .66900
90................................................. .72694 .72209 .71730 .71257 .70791 .70330 .69876 .69427 .68984 .68547
91................................................. .74117 .73650 .73190 .72735 .72286 .71842 .71404 .70972 .70545 .70123
92................................................. .75439 .74991 .74548 .74110 .73678 .73251 .72829 .72412 .72000 .71593
93................................................. .76664 .76233 .75806 .75385 .74969 .74557 .74150 .73748 .73350 .72957
94................................................. .77809 .77394 .76983 .76578 .76177 .75780 .75388 .75000 .74616 .74237
[[Page 23196]]
95................................................. .78899 .78500 .78106 .77715 .77329 .76947 .76569 .76195 .75826 .75460
96................................................. .79928 .79544 .79165 .78790 .78418 .78050 .77686 .77326 .76970 .76617
97................................................. .80883 .80514 .80149 .79787 .79430 .79075 .78725 .78377 .78033 .77693
98................................................. .81781 .81427 .81075 .80727 .80382 .80041 .79703 .79368 .79036 .78708
99................................................. .82661 .82320 .81982 .81648 .81316 .80988 .80662 .80340 .80020 .79704
100................................................. .83519 .83192 .82868 .82547 .82228 .81913 .81600 .81290 .80982 .80678
101................................................. .84368 .84055 .83744 .83437 .83131 .82829 .82529 .82231 .81936 .81643
102................................................. .85203 .84904 .84607 .84313 .84021 .83731 .83444 .83159 .82876 .82596
103................................................. .86034 .85748 .85465 .85184 .84906 .84629 .84355 .84082 .83812 .83544
104................................................. .86923 .86653 .86385 .86119 .85855 .85593 .85333 .85074 .84818 .84563
105................................................. .87792 .87537 .87283 .87032 .86782 .86534 .86287 .86042 .85799 .85557
106................................................. .88918 .88683 .88450 .88218 .87987 .87758 .87530 .87304 .87079 .86855
107................................................. .90291 .90082 .89873 .89666 .89460 .89255 .89051 .88849 .88647 .88447
108................................................. .92455 .92288 .92123 .91958 .91794 .91630 .91468 .91306 .91145 .90984
109................................................. .96211 .96125 .96041 .95956 .95872 .95788 .95704 .95620 .95537 .95455
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 10.2% 10.4% 10.6% 10.8% 11.0% 11.2% 11.4% 11.6% 11.8% 12.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .01488 .01463 .01439 .01417 .01396 .01377 .01359 .01343 .01327 .01312
1................................................. .00662 .00636 .00612 .00589 .00568 .00548 .00530 .00513 .00497 .00482
2................................................. .00654 .00626 .00600 .00576 .00554 .00533 .00514 .00496 .00479 .00463
3................................................. .00670 .00641 .00613 .00588 .00564 .00542 .00522 .00502 .00484 .00468
4................................................. .00699 .00668 .00639 .00612 .00587 .00563 .00542 .00521 .00502 .00484
5................................................. .00739 .00706 .00675 .00646 .00620 .00595 .00571 .00550 .00529 .00510
6................................................. .00786 .00751 .00718 .00687 .00659 .00633 .00608 .00585 .00563 .00543
7................................................. .00841 .00803 .00769 .00736 .00706 .00678 .00652 .00627 .00604 .00582
8................................................. .00902 .00863 .00826 .00791 .00759 .00730 .00702 .00675 .00651 .00628
9................................................. .00973 .00931 .00892 .00856 .00822 .00790 .00760 .00733 .00706 .00682
10................................................. .01055 .01010 .00969 .00930 .00894 .00861 .00829 .00799 .00772 .00746
11................................................. .01146 .01099 .01055 .01014 .00976 .00940 .00907 .00875 .00846 .00818
12................................................. .01246 .01196 .01150 .01106 .01066 .01028 .00993 .00960 .00928 .00899
13................................................. .01351 .01298 .01249 .01204 .01161 .01121 .01084 .01049 .01016 .00985
14................................................. .01455 .01400 .01348 .01300 .01255 .01213 .01173 .01136 .01102 .01069
15................................................. .01555 .01497 .01443 .01392 .01345 .01300 .01259 .01220 .01183 .01148
16................................................. .01648 .01587 .01530 .01477 .01427 .01380 .01336 .01295 .01257 .01220
17................................................. .01737 .01673 .01612 .01556 .01504 .01455 .01408 .01365 .01324 .01286
18................................................. .01822 .01754 .01691 .01632 .01576 .01525 .01476 .01430 .01387 .01347
19................................................. .01908 .01837 .01770 .01708 .01650 .01595 .01544 .01495 .01450 .01407
20................................................. .01999 .01924 .01854 .01788 .01726 .01669 .01615 .01564 .01516 .01471
21................................................. .02096 .02017 .01943 .01874 .01809 .01748 .01691 .01637 .01586 .01539
22................................................. .02197 .02114 .02036 .01963 .01895 .01830 .01770 .01713 .01660 .01610
23................................................. .02306 .02218 .02136 .02059 .01987 .01919 .01855 .01795 .01739 .01686
24................................................. .02424 .02331 .02245 .02163 .02087 .02016 .01948 .01885 .01825 .01769
25................................................. .02552 .02455 .02364 .02278 .02197 .02122 .02051 .01984 .01920 .01861
26................................................. .02692 .02589 .02493 .02403 .02318 .02238 .02162 .02091 .02025 .01961
27................................................. .02846 .02738 .02636 .02541 .02451 .02367 .02287 .02212 .02141 .02074
28................................................. .03012 .02898 .02791 .02690 .02595 .02506 .02422 .02342 .02267 .02196
29................................................. .03190 .03070 .02957 .02851 .02751 .02656 .02567 .02483 .02404 .02329
30................................................. .03381 .03254 .03135 .03023 .02917 .02817 .02723 .02634 .02551 .02471
31................................................. .03583 .03450 .03324 .03206 .03094 .02989 .02890 .02796 .02707 .02623
32................................................. .03799 .03659 .03527 .03402 .03284 .03173 .03068 .02968 .02874 .02785
33................................................. .04031 .03883 .03744 .03612 .03488 .03371 .03260 .03155 .03055 .02961
34................................................. .04279 .04123 .03976 .03838 .03707 .03583 .03465 .03354 .03249 .03149
35................................................. .04545 .04382 .04227 .04081 .03943 .03812 .03688 .03571 .03459 .03354
36................................................. .04830 .04658 .04495 .04341 .04196 .04058 .03927 .03803 .03685 .03573
37................................................. .05134 .04953 .04782 .04620 .04467 .04321 .04183 .04052 .03928 .03809
38................................................. .05462 .05272 .05092 .04921 .04760 .04606 .04461 .04322 .04191 .04066
39................................................. .05812 .05613 .05424 .05245 .05075 .04913 .04760 .04614 .04475 .04343
40................................................. .06190 .05981 .05782 .05594 .05415 .05245 .05083 .04929 .04783 .04643
41................................................. .06597 .06378 .06170 .05972 .05784 .05605 .05435 .05272 .05118 .04970
42................................................. .07035 .06806 .06587 .06380 .06182 .05994 .05815 .05644 .05481 .05326
43................................................. .07505 .07265 .07036 .06818 .06611 .06414 .06225 .06045 .05874 .05710
44................................................. .08008 .07757 .07518 .07290 .07072 .06865 .06667 .06478 .06298 .06125
45................................................. .08542 .08279 .08029 .07791 .07563 .07346 .07138 .06940 .06750 .06569
46................................................. .09108 .08834 .08573 .08324 .08085 .07858 .07640 .07432 .07233 .07043
47................................................. .09705 .09419 .09147 .08886 .08637 .08399 .08172 .07954 .07745 .07545
48................................................. .10335 .10038 .09754 .09482 .09222 .08973 .08735 .08507 .08288 .08078
49................................................. .10999 .10690 .10394 .10111 .09840 .09581 .09332 .09093 .08864 .08644
50................................................. .11701 .11380 .11073 .10778 .10496 .10225 .09965 .09716 .09477 .09247
51................................................. .12441 .12108 .11789 .11482 .11189 .10907 .10636 .10376 .10126 .09886
52................................................. .13217 .12871 .12540 .12222 .11916 .11623 .11341 .11071 .10810 .10560
53................................................. .14028 .13670 .13327 .12997 .12680 .12375 .12082 .11801 .11529 .11268
54................................................. .14875 .14505 .14150 .13808 .13480 .13163 .12859 .12566 .12284 .12012
55................................................. .15760 .15378 .15011 .14657 .14317 .13989 .13674 .13370 .13077 .12794
[[Page 23197]]
56................................................. .16684 .16290 .15911 .15546 .15194 .14855 .14528 .14213 .13909 .13615
57................................................. .17648 .17242 .16851 .16474 .16111 .15760 .15422 .15096 .14781 .14477
58................................................. .18647 .18229 .17827 .17438 .17064 .16702 .16353 .16015 .15689 .15374
59................................................. .19678 .19249 .18835 .18435 .18049 .17676 .17316 .16968 .16631 .16305
60................................................. .20740 .20300 .19875 .19464 .19066 .18682 .18311 .17952 .17604 .17268
61................................................. .21837 .21385 .20949 .20527 .20119 .19724 .19341 .18971 .18613 .18266
62................................................. .22973 .22511 .22064 .21631 .21212 .20807 .20414 .20033 .19664 .19306
63................................................. .24152 .23680 .23222 .22779 .22350 .21934 .21530 .21139 .20760 .20392
64................................................. .25372 .24890 .24422 .23969 .23529 .23103 .22690 .22289 .21899 .21521
65................................................. .26633 .26141 .25664 .25201 .24752 .24316 .23893 .23482 .23083 .22695
66................................................. .27940 .27439 .26953 .26481 .26023 .25577 .25145 .24724 .24316 .23918
67................................................. .29299 .28790 .28296 .27815 .27348 .26894 .26453 .26024 .25606 .25200
68................................................. .30709 .30193 .29691 .29202 .28728 .28265 .27816 .27378 .26952 .26537
69................................................. .32166 .31643 .31134 .30639 .30157 .29687 .29230 .28785 .28351 .27928
70................................................. .33661 .33133 .32618 .32116 .31628 .31152 .30688 .30235 .29794 .29364
71................................................. .35188 .34654 .34134 .33627 .33133 .32651 .32181 .31722 .31275 .30838
72................................................. .36742 .36204 .35679 .35168 .34668 .34181 .33706 .33241 .32788 .32345
73................................................. .38317 .37776 .37248 .36733 .36229 .35738 .35257 .34788 .34330 .33882
74................................................. .39923 .39380 .38849 .38330 .37823 .37328 .36844 .36370 .35908 .35455
75................................................. .41566 .41021 .40489 .39968 .39459 .38961 .38474 .37997 .37531 .37074
76................................................. .43254 .42709 .42176 .41655 .41144 .40645 .40156 .39677 .39208 .38749
77................................................. .44988 .44444 .43912 .43391 .42880 .42380 .41891 .41411 .40940 .40479
78................................................. .46765 .46224 .45694 .45174 .44665 .44166 .43677 .43197 .42726 .42265
79................................................. .48574 .48037 .47510 .46993 .46487 .45990 .45502 .45024 .44554 .44094
80................................................. .50397 .49865 .49343 .48830 .48327 .47834 .47349 .46873 .46406 .45947
81................................................. .52219 .51693 .51176 .50669 .50171 .49682 .49201 .48729 .48265 .47809
82................................................. .54029 .53510 .53000 .52499 .52007 .51523 .51047 .50580 .50120 .49667
83................................................. .55826 .55315 .54813 .54319 .53834 .53356 .52886 .52424 .51969 .51522
84................................................. .57624 .57123 .56629 .56144 .55666 .55195 .54732 .54277 .53828 .53386
85................................................. .59435 .58944 .58460 .57984 .57516 .57054 .56599 .56151 .55710 .55275
86................................................. .61241 .60762 .60289 .59824 .59365 .58913 .58468 .58029 .57596 .57170
87................................................. .63015 .62548 .62087 .61633 .61185 .60744 .60309 .59880 .59456 .59039
88................................................. .64753 .64299 .63851 .63409 .62973 .62543 .62118 .61700 .61287 .60879
89................................................. .66454 .66013 .65579 .65150 .64726 .64308 .63895 .63488 .63086 .62689
90................................................. .68115 .67689 .67268 .66853 .66442 .66037 .65637 .65241 .64851 .64465
91................................................. .69706 .69294 .68887 .68486 .68089 .67696 .67309 .66925 .66547 .66173
92................................................. .71190 .70792 .70399 .70011 .69627 .69247 .68872 .68501 .68134 .67771
93................................................. .72569 .72184 .71804 .71429 .71057 .70689 .70326 .69967 .69611 .69259
94................................................. .73861 .73490 .73123 .72759 .72400 .72044 .71692 .71344 .71000 .70659
95................................................. .75097 .74739 .74384 .74033 .73686 .73342 .73002 .72665 .72331 .72001
96................................................. .76267 .75922 .75579 .75240 .74905 .74572 .74243 .73917 .73595 .73275
97................................................. .77356 .77022 .76691 .76363 .76039 .75718 .75399 .75084 .74772 .74463
98................................................. .78382 .78059 .77740 .77423 .77110 .76799 .76491 .76186 .75884 .75584
99................................................. .79390 .79079 .78771 .78465 .78162 .77862 .77565 .77270 .76978 .76688
100................................................. .80376 .80076 .79779 .79485 .79193 .78904 .78617 .78333 .78051 .77771
101................................................. .81353 .81066 .80780 .80497 .80217 .79938 .79662 .79388 .79117 .78847
102................................................. .82318 .82042 .81768 .81496 .81227 .80960 .80694 .80431 .80170 .79911
103................................................. .83278 .83014 .82752 .82491 .82233 .81977 .81723 .81470 .81220 .80971
104................................................. .84310 .84059 .83810 .83563 .83317 .83073 .82831 .82591 .82352 .82115
105................................................. .85318 .85079 .84843 .84607 .84374 .84142 .83911 .83682 .83455 .83229
106................................................. .86633 .86413 .86193 .85975 .85758 .85543 .85329 .85116 .84904 .84694
107................................................. .88247 .88049 .87852 .87656 .87460 .87266 .87073 .86881 .86690 .86500
108................................................. .90825 .90666 .90507 .90350 .90193 .90037 .89881 .89727 .89572 .89419
109................................................. .95372 .95290 .95208 .95126 .95045 .94964 .94883 .94803 .94723 .94643
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 12.2% 12.4% 12.6% 12.8% 13.0% 13.2% 13.4% 13.6% 13.8% 14.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .01298 .01285 .01273 .01261 .01250 .01240 .01230 .01221 .01212 .01203
1................................................. .00468 .00455 .00443 .00431 .00420 .00410 .00400 .00391 .00382 .00374
2................................................. .00448 .00435 .00421 .00409 .00398 .00387 .00376 .00366 .00357 .00348
3................................................. .00452 .00437 .00423 .00410 .00398 .00386 .00375 .00365 .00355 .00345
4................................................. .00468 .00452 .00437 .00423 .00410 .00397 .00386 .00375 .00364 .00354
5................................................. .00493 .00476 .00460 .00445 .00431 .00418 .00405 .00393 .00382 .00371
6................................................. .00524 .00506 .00489 .00473 .00458 .00444 .00430 .00418 .00406 .00394
7................................................. .00562 .00543 .00525 .00508 .00492 .00477 .00462 .00449 .00436 .00423
8................................................. .00606 .00586 .00566 .00548 .00531 .00515 .00499 .00485 .00471 .00458
9................................................. .00659 .00637 .00616 .00597 .00579 .00561 .00545 .00529 .00514 .00500
10................................................. .00721 .00698 .00676 .00655 .00636 .00617 .00600 .00583 .00567 .00552
11................................................. .00792 .00767 .00744 .00722 .00701 .00682 .00663 .00645 .00628 .00612
12................................................. .00871 .00845 .00821 .00797 .00775 .00754 .00735 .00716 .00698 .00681
13................................................. .00955 .00928 .00902 .00877 .00854 .00831 .00810 .00790 .00771 .00753
14................................................. .01038 .01009 .00981 .00955 .00930 .00907 .00885 .00864 .00843 .00824
15................................................. .01116 .01085 .01056 .01028 .01002 .00977 .00954 .00932 .00910 .00890
16................................................. .01186 .01153 .01123 .01094 .01066 .01040 .01015 .00992 .00969 .00948
[[Page 23198]]
17................................................. .01250 .01215 .01183 .01152 .01124 .01096 .01070 .01045 .01022 .00999
18................................................. .01308 .01272 .01238 .01206 .01175 .01147 .01119 .01093 .01068 .01044
19................................................. .01367 .01329 .01293 .01259 .01227 .01196 .01167 .01140 .01113 .01088
20................................................. .01428 .01388 .01350 .01314 .01280 .01248 .01217 .01188 .01161 .01134
21................................................. .01494 .01451 .01411 .01373 .01337 .01303 .01271 .01240 .01211 .01183
22................................................. .01562 .01517 .01475 .01435 .01397 .01361 .01326 .01294 .01263 .01233
23................................................. .01635 .01588 .01543 .01501 .01460 .01422 .01386 .01351 .01319 .01287
24................................................. .01716 .01665 .01618 .01573 .01530 .01489 .01451 .01415 .01380 .01347
25................................................. .01804 .01751 .01701 .01653 .01608 .01565 .01524 .01485 .01448 .01413
26................................................. .01902 .01845 .01792 .01741 .01693 .01648 .01604 .01563 .01524 .01487
27................................................. .02011 .01951 .01895 .01841 .01790 .01742 .01696 .01652 .01610 .01571
28................................................. .02129 .02066 .02006 .01949 .01895 .01844 .01795 .01748 .01704 .01662
29................................................. .02258 .02191 .02127 .02067 .02009 .01955 .01903 .01853 .01806 .01762
30................................................. .02396 .02325 .02257 .02193 .02132 .02074 .02019 .01966 .01916 .01869
31................................................. .02543 .02467 .02396 .02328 .02263 .02201 .02143 .02087 .02034 .01983
32................................................. .02701 .02621 .02545 .02472 .02404 .02338 .02276 .02217 .02160 .02106
33................................................. .02871 .02786 .02706 .02629 .02556 .02487 .02420 .02357 .02297 .02240
34................................................. .03054 .02964 .02879 .02797 .02720 .02646 .02576 .02509 .02445 .02383
35................................................. .03253 .03158 .03067 .02981 .02898 .02820 .02745 .02674 .02606 .02541
36................................................. .03467 .03366 .03269 .03178 .03090 .03007 .02928 .02852 .02779 .02710
37................................................. .03697 .03590 .03488 .03391 .03298 .03209 .03125 .03044 .02967 .02893
38................................................. .03947 .03833 .03725 .03622 .03524 .03430 .03340 .03254 .03172 .03094
39................................................. .04217 .04096 .03982 .03873 .03768 .03669 .03573 .03482 .03395 .03312
40................................................. .04510 .04383 .04262 .04146 .04035 .03930 .03828 .03732 .03639 .03550
41................................................. .04830 .04695 .04567 .04445 .04327 .04215 .04108 .04005 .03907 .03812
42................................................. .05177 .05035 .04900 .04770 .04646 .04527 .04413 .04304 .04200 .04100
43................................................. .05553 .05404 .05261 .05123 .04992 .04866 .04746 .04630 .04520 .04413
44................................................. .05960 .05802 .05651 .05506 .05368 .05235 .05107 .04985 .04867 .04754
45................................................. .06395 .06229 .06069 .05917 .05770 .05630 .05495 .05365 .05241 .05121
46................................................. .06860 .06685 .06517 .06356 .06202 .06053 .05911 .05774 .05643 .05516
47................................................. .07353 .07169 .06992 .06823 .06660 .06504 .06353 .06209 .06070 .05936
48................................................. .07877 .07684 .07498 .07320 .07149 .06984 .06826 .06673 .06527 .06385
49................................................. .08433 .08231 .08036 .07849 .07669 .07495 .07329 .07168 .07013 .06864
50................................................. .09026 .08814 .08609 .08413 .08224 .08042 .07867 .07698 .07535 .07378
51................................................. .09655 .09433 .09219 .09013 .08815 .08624 .08440 .08262 .08091 .07926
52................................................. .10318 .10086 .09863 .09647 .09439 .09239 .09046 .08860 .08680 .08506
53................................................. .11017 .10774 .10541 .10315 .10098 .09888 .09686 .09491 .09302 .09120
54................................................. .11750 .11498 .11254 .11019 .10792 .10572 .10361 .10156 .09958 .09767
55................................................. .12522 .12258 .12005 .11759 .11522 .11294 .11072 .10859 .10652 .10451
56................................................. .13332 .13059 .12794 .12539 .12292 .12054 .11823 .11599 .11383 .11174
57................................................. .14183 .13899 .13624 .13359 .13102 .12853 .12613 .12380 .12154 .11936
58................................................. .15070 .14775 .14490 .14215 .13948 .13689 .13439 .13197 .12962 .12734
59................................................. .15990 .15685 .15389 .15103 .14826 .14558 .14298 .14046 .13801 .13564
60................................................. .16942 .16626 .16321 .16024 .15737 .15459 .15189 .14927 .14673 .14426
61................................................. .17929 .17603 .17287 .16981 .16684 .16395 .16115 .15844 .15580 .15324
62................................................. .18960 .18623 .18297 .17980 .17673 .17375 .17085 .16803 .16530 .16264
63................................................. .20035 .19688 .19352 .19025 .18708 .18400 .18100 .17809 .17525 .17250
64................................................. .21154 .20797 .20451 .20114 .19787 .19469 .19159 .18859 .18566 .18281
65................................................. .22318 .21951 .21595 .21249 .20912 .20584 .20265 .19955 .19652 .19358
66................................................. .23532 .23156 .22790 .22434 .22088 .21751 .21422 .21102 .20791 .20487
67................................................. .24804 .24419 .24044 .23679 .23324 .22977 .22640 .22311 .21990 .21678
68................................................. .26133 .25740 .25356 .24983 .24618 .24263 .23917 .23579 .23250 .22929
69................................................. .27516 .27114 .26723 .26341 .25969 .25605 .25251 .24905 .24567 .24237
70................................................. .28945 .28536 .28137 .27747 .27367 .26996 .26633 .26279 .25934 .25596
71................................................. .30412 .29996 .29590 .29193 .28806 .28427 .28057 .27696 .27343 .26998
72................................................. .31913 .31491 .31078 .30675 .30281 .29895 .29519 .29150 .28790 .28438
73................................................. .33444 .33016 .32597 .32188 .31788 .31396 .31013 .30638 .30271 .29913
74................................................. .35012 .34579 .34155 .33741 .33335 .32938 .32549 .32168 .31795 .31430
75................................................. .36628 .36190 .35762 .35343 .34932 .34530 .34136 .33750 .33372 .33001
76................................................. .38299 .37858 .37427 .37004 .36589 .36183 .35784 .35394 .35011 .34636
77................................................. .40028 .39585 .39151 .38725 .38307 .37898 .37496 .37103 .36716 .36337
78................................................. .41812 .41368 .40933 .40506 .40086 .39675 .39271 .38874 .38485 .38103
79................................................. .43641 .43198 .42762 .42334 .41914 .41502 .41096 .40698 .40308 .39924
80................................................. .45496 .45054 .44619 .44192 .43772 .43360 .42954 .42556 .42164 .41779
81................................................. .47360 .46920 .46487 .46061 .45643 .45231 .44827 .44429 .44038 .43653
82................................................. .49223 .48785 .48355 .47932 .47516 .47106 .46703 .46307 .45916 .45532
83................................................. .51081 .50648 .50221 .49802 .49388 .48982 .48581 .48187 .47799 .47416
84................................................. .52951 .52523 .52101 .51686 .51277 .50874 .50477 .50086 .49701 .49321
85................................................. .54847 .54425 .54009 .53600 .53196 .52798 .52406 .52019 .51638 .51262
86................................................. .56749 .56335 .55926 .55523 .55126 .54734 .54348 .53966 .53591 .53220
87................................................. .58627 .58221 .57820 .57425 .57035 .56650 .56270 .55895 .55526 .55161
88................................................. .60477 .60079 .59688 .59301 .58919 .58542 .58170 .57802 .57439 .57081
89................................................. .62297 .61909 .61527 .61149 .60776 .60408 .60044 .59685 .59330 .58979
90................................................. .64084 .63707 .63335 .62968 .62604 .62246 .61891 .61540 .61194 .60851
[[Page 23199]]
91................................................. .65803 .65437 .65076 .64719 .64366 .64017 .63672 .63330 .62993 .62659
92................................................. .67412 .67058 .66707 .66360 .66017 .65678 .65342 .65010 .64682 .64357
93................................................. .68911 .68567 .68227 .67890 .67557 .67227 .66901 .66578 .66258 .65942
94................................................. .70321 .69988 .69657 .69330 .69006 .68686 .68369 .68055 .67744 .67437
95................................................. .71674 .71351 .71031 .70713 .70399 .70088 .69781 .69476 .69174 .68875
96................................................. .72959 .72646 .72335 .72028 .71724 .71422 .71123 .70828 .70534 .70244
97................................................. .74156 .73853 .73552 .73254 .72959 .72666 .72376 .72089 .71804 .71522
98................................................. .75287 .74993 .74702 .74413 .74126 .73842 .73561 .73282 .73006 .72732
99................................................. .76401 .76117 .75834 .75555 .75277 .75002 .74730 .74459 .74191 .73926
100................................................. .77494 .77219 .76946 .76676 .76408 .76142 .75878 .75616 .75357 .75099
101................................................. .78580 .78315 .78052 .77791 .77532 .77275 .77021 .76768 .76517 .76268
102................................................. .79654 .79399 .79146 .78894 .78645 .78397 .78152 .77908 .77666 .77426
103................................................. .80724 .80479 .80236 .79994 .79755 .79517 .79280 .79046 .78813 .78582
104................................................. .81879 .81646 .81413 .81183 .80954 .80726 .80501 .80276 .80054 .79832
105................................................. .83005 .82782 .82560 .82340 .82121 .81904 .81688 .81474 .81260 .81049
106................................................. .84485 .84277 .84071 .83866 .83662 .83459 .83257 .83057 .82857 .82659
107................................................. .86311 .86124 .85937 .85751 .85566 .85382 .85199 .85017 .84835 .84655
108................................................. .89266 .89114 .88963 .88812 .88662 .88513 .88364 .88216 .88068 .87922
109................................................. .94563 .94484 .94405 .94326 .94248 .94170 .94092 .94014 .93937 .93860
--------------------------------------------------------------------------------------------------------------------------------------------------------
(f) Effective dates. This section applies after April 30, 1999.
Par. 6. Immediately following Sec. 1.643(d)-2, the undesignated
centerheading is revised to read as follows:
Pooled Income Fund Actuarial Tables Applicable Before May 1, 1999
Par. 7. Section 1.642(c)-6A is amended by:
1. Revising the section heading.
2. Amending newly designated paragraph (e) as follows:
a. Paragraph (e) heading is revised.
b. Paragraph (e)(1), first sentence is revised.
c. Paragraph (e)(2)(ii) is revised.
d. Paragraph (e)(3) is revised.
e. Paragraph (e)(4) is revised.
f. Paragraph (e)(5) introductory text is revised.
g. Paragraph (e)(5), the heading for Table S is revised.
The revisions read as follows:
Sec. 1.642(c)-6A Valuation of charitable remainder interests for which
the valuation date is before May 1, 1999.
* * * * *
(e) Present value of the remainder interest in the case of
transfers to pooled income funds for which the valuation date is after
April 30, 1989, and before May 1, 1999--(1) In general. In the case of
transfers to pooled income funds for which the valuation date is after
April 30, 1989, and before May 1, 1999, the present value of a
remainder interest is determined under this section. * * *
(2) * * *
(ii) Discount at a rate of interest, compounded annually, equal to
the highest yearly rate of return of the pooled income fund for the 3
taxable years immediately preceding its taxable year in which the
transfer of property to the fund is made. The provisions of
Sec. 1.642(c)-6(c) apply for determining the yearly rate of return.
However, where the taxable year is less than 12 months, the provisions
of Sec. 1.642(c)-6T(e)(3)(ii) apply for the determining the yearly rate
of return.
(3) Pooled income funds in existence less than 3 taxable years. The
provisions of Sec. 1.642(c)-6T(e)(4) apply for determining the highest
yearly rate of return when the pooled income fund has been in existence
less than three taxable years.
(4) Computation of value of remainder interest. The factor that is
used in determining the present value of a remainder interest that is
dependent on the termination of the life of one individual is the
factor from Table S in paragraph (e)(5) of this section under the
appropriate yearly rate of return opposite the number that corresponds
to the age of the individual upon whose life the value of the remainder
interest is based. Table S in paragraph (e)(5) of this section includes
factors for yearly rates of return from 4.2 to 14 percent. Many
actuarial factors not contained in Table S in paragraph (e)(5) of this
section are contained in Table S in Internal Revenue Service
Publication 1457, ``Actuarial Values, Alpha Volume,'' (8-89).
Publication 1457 is no longer available for purchase from the
Superintendent of Documents, United States Government Printing Office,
Washington, DC 20402. However, pertinent factors in this publication
may be obtained by a written request to: CC:DOM:CORP:R (IRS Publication
1457), room 5226, Internal Revenue Service, POB 7604, Ben Franklin
Station, Washington, DC 20044. For other situations, see Sec. 1.642(c)-
6(b). If the yearly rate of return is a percentage that is between the
yearly rates of return for which factors are provided, a linear
interpolation must be made. The present value of the remainder interest
is determined by multiplying the fair market value of the property on
the valuation date by the appropriate remainder factor. For an example
of a computation of the present value of a remainder interest requiring
a linear interpolation adjustment, see Sec. 1.642(c)-6T(e)(5).
(5) Actuarial tables. In the case of transfers for which the
valuation date is after April 30, 1989, and before May 1, 1999, the
present value of a remainder interest dependent on the termination of
one life in the case of a transfer to a pooled income fund is
determined by use of the following tables:
Table S.--Based on Life Table 80CNSMT Single Life Remainder Factors
[Applicable After April 30, 1989, and Before May 1, 1999]
* * * * *
Par. 8. Section 1.664-4 is amended as follows:
1. Paragraph (a)(1) is revised.
2. Paragraph (d) is removed.
3. Paragraphs (e) heading, (e)(1) through (e)(5), and (e)(6)
heading, introductory text , and Table U(1) are redesignated as
Sec. 1.664-4A(e) heading, (e)(1) through (e)(5) and (e)(6) heading,
introductory text, and Table U(1), respectively.
4. New paragraphs (d) through (e)(5) are added.
5. New paragraph heading and introductory text are added to
remaining paragraph (e)(6) preceding Table D.
6. Paragraph (f) is revised.
The additions and revision read as follows:
[[Page 23200]]
Sec. 1.664-4 Calculation of the fair market value of the remainder
interest in a charitable remainder unitrust.
(a) * * *
(1) [Reserved]. For further guidance, see Sec. 1.664-4T(a)(1).
* * * * *
(d) through (e)(5) [Reserved]. For further guidance, see
Sec. 1.664-4T(d) through (e)(5).
(6) Actuarial Table D and F (4.2 through 14.0) for transfers for
which the valuation date is after April 30, 1989. For transfers for
which the valuation date is after April 30, 1989, the present value of
a charitable remainder unitrust interest that is dependent upon a term
of years is determined by using the section 7520 rate and the tables in
this paragraph (e)(6). For transfers for which the valuation date is
after April 30, 1999, where the present value of a charitable remainder
unitrust interest is dependent on the termination of a life interest ,
see Sec. 1.664-4T(e)(7). See, however, Sec. 1.7520-3(b) (relating to
exceptions to the use of prescribed tables under certain
circumstances). Many actuarial factors not contained in the following
tables are contained in Internal Revenue Service Publication 1458,
``Actuarial Values, Book Beth,'' (1999). A copy of this publication is
available for purchase from the Superintendent of Documents, United
States Government Printing Office, Washington, DC 20402.
* * * * *
(f) Effective dates. This section applies after April 30, 1989, and
before May 1, 1999.
Par. 9. Section 1.664-4T is added to read as follows:
Sec. 1.664-4T Calculation of the fair market value of the remainder
interest in a charitable remainder unitrust (temporary).
(a) [Reserved] For further guidance, see Sec. 1.664-4(a).
(1) Life contingencies determined as to each life involved, from
the values of lx set forth in Table 90CM contained in Sec. 20.2031-
7T(d)(7) of this chapter (Estate Tax Regulations) in the case of
transfers for which the valuation date is after April 30, 1999; or from
Table 80CNSMT contained Sec. 20.2031-7A(e)(4) of this chapter in the
case of transfer for which the valuation date is after April 30, 1989,
and before May 1, 1999. See Sec. 20.2031-7A(a) through (d) of this
chapter, whichever is applicable, for transfers for which the valuation
date is before May 1, 1989;
(a)(2) through (c) [Reserved] For further guidance, see Sec. 1.664-
4(a)(2) through (c).
(d) Valuation. The fair market value of a remainder interest in a
charitable remainder unitrust (as described in Sec. 1.664-3) for
transfers for which the valuation date is after April 30, 1999, is its
present value determined under paragraph (e) of this section. The fair
market value of a remainder interest in a charitable remainder unitrust
(as described in Sec. 1.664-3) for transfers for which the valuation
date is before May 1, 1999, is its present value determined under the
following sections:
------------------------------------------------------------------------
Valuation dates
----------------------------------------------- Applicable regulations
After Before
------------------------------------------------------------------------
01-01-52 1.664-4A(a).
12-31-51......................... 01-01-71 1.664-4A(b).
12-31-70......................... 12-01-83 1.664-4A(c).
11-30-83......................... 05-01-89 1.664-4A(d).
04-30-89......................... 05-01-99 1.664-4A(e).
------------------------------------------------------------------------
(e) Valuation of charitable remainder unitrusts having certain
payout sequences for transfers for which the valuation date is after
April 30, 1999--(1) In general. Except as otherwise provided in
paragraph (e)(2) of this section, in the case of transfers for which
the valuation date is after April 30, 1999, the present value of a
remainder interest is determined under paragraphs (e)(3) through (e)(6)
of this section, provided that the amount of the payout as of any
payout date during any taxable year of the trust is not larger than the
amount that the trust could distribute on such date under Sec. 1.664-
3(a)(1)(v) if the taxable year of the trust were to end on such date.
See, however, Sec. 1.7520-3(b) (relating to exceptions to the use of
the prescribed tables under certain circumstances).
(2) Transitional rules for valuation of charitable remainder
unitrusts. (i) For purposes of sections 2055, 2106, or 2624, if on May
1, 1999, the decedent was mentally incompetent so that the disposition
of the property could not be changed, and the decedent died after April
30, 1999, without having regained competency to dispose of the
decedent's property, or the decedent died within 90 days of the date
that the decedent first regained competency after April 30, 1999, the
present value of a remainder interest under this section is determined
as if the valuation date with respect to the decedent's gross estate is
either before May 1, 1999, or after April 30, 1999, at the option of
the decedent's executor.
(ii) For purposes of sections 170, 2055, 2106, 2522, or 2624, in
the case of transfers to a charitable remainder unitrust for which the
valuation date is after April 30, 1999, and before July 1, 1999, the
present value of a remainder interest based on one or more measuring
lives is determined under this section by use of the section 7520
interest rate for the month in which the valuation date occurs (See
Secs. 1.7520-1(b) and 1.7520-2(a)(2)) and the appropriate actuarial
tables under either paragraph (e)(7) of this section or Sec. 1.664-
4A(e)(6), at the option of the donor or the decedent's executor, as the
case may be.
(iii) For purposes of paragraphs (e)(2)(i) and (ii) of this
section, where the donor or decedent's executor is given the option to
use the appropriate actuarial tables under either paragraph (e)(7) of
this section or Sec. 1.664-4A(e)(6), the donor or decedent's executor
must use the same actuarial table with respect to each individual
transaction and with respect to all transfers occurring on the
valuation date (e.g., gift and income tax charitable deductions with
respect to the same transfer must be determined based on the same
tables, and all assets includible in the gross estate and/or estate tax
deductions claimed must be valued based on the same tables).
(3) Adjusted payout rate. For transfers for which the valuation
date is after April 30, 1989, the adjusted payout rate is determined by
using the appropriate Table F in Sec. 1.664-4(e)(6), for the section
7520 interest rate applicable to the transfer. If the interest rate is
between 4.2 and 14 percent, see Sec. 1.664-4(e)(6). If the interest
rate is below 4.2 percent or greater than 14 percent, see Sec. 1.664-
4(b). The adjusted payout rate is determined by multiplying the fixed
percentage described in Sec. 1.664-3(a)(1)(i)(a) by the factor
describing the payout sequence of the trust and the number of months by
which the valuation date for the first full taxable year of the trust
precedes the first payout date for such taxable year. If the governing
instrument does not prescribe when the distribution or distributions
shall be made during the taxable year of the trust, see Sec. 1.664-
4(a). In the case of a trust having a payout sequence for which no
figures have been provided by the appropriate table, and in the case of
a trust that determines the fair market value of the trust assets by
taking the average of valuations on more than one date during the
taxable year, see Sec. 1.664-4(b).
(4) Period is a term of years. If the period described in
Sec. 1.664-3(a)(5) is a term of years, the factor that is used in
determining the present value of the remainder interest for transfers
for which the valuation date is after November 30, 1983, is the factor
under the appropriate adjusted payout rate in Table D of Sec. 1.664-
4(e)(6) corresponding to the number of years in the term. If the
adjusted payout rate is an amount that is between adjusted payout rates
for which factors are provided in Table D,
[[Page 23201]]
a linear interpolation must be made. The present value of the remainder
interest is determined by multiplying the net fair market value (as of
the appropriate valuation date) of the property placed in trust by the
factor determined under this paragraph. For purposes of this section,
the valuation date is, in the case of an inter vivos transfer, the date
on which the property is transferred to the trust by the donor.
However, if an election is made under section 7520 and Sec. 1.7520-2(b)
to compute the present value of the charitable interest by use of the
interest rate component for either of the 2 months preceding the month
in which the date of transfer falls, the month so elected is the
valuation date for purposes of determining the interest rate and
mortality tables. In the case of a testamentary transfer under section
2055, 2106, or 2624, the valuation date is the date of death, unless
the alternate valuation date is elected under section 2032, in which
event, and within the limitations set forth in section 2032 and the
regulations thereunder, the valuation date is the alternate valuation
date. If the decedent's estate elects the alternate valuation date
under section 2032 and also elects, under section 7520 and Sec. 1.7520-
2(b), to use the interest rate component for one of the 2 months
preceding the alternate valuation date, the month so elected is the
valuation date for purposes of determining the interest rate and
mortality tables. The application of this paragraph (e)(4) may be
illustrated by the following example:
Example. D transfers $100,000 to a charitable remainder unitrust
on January 1. The trust instrument requires that the trust pay 8
percent of the fair market value of the trust assets as of January
1st for a term of 12 years to D in quarterly payments (March 31,
June 30, September 30, and December 31). The section 7520 rate for
January (the month that the transfer occurred) is 9.6 percent. Under
Table F(9.6) in Sec. 1.664-4(e)(6), the appropriate adjustment
factor is .944628 for quarterly payments payable at the end of each
quarter. The adjusted payout rate is 7.557 (8% X .944628). Based on
the remainder factors in Table D in Sec. 1.664-4(e)(6), the present
value of the remainder interest is $38,950.30, computed as follows:
Factor at 7.4 percent for 12 years........................... .397495
Factor at 7.6 percent for 12 years........................... .387314
----------
Difference................................................... .010181
Interpolation adjustment:
[GRAPHIC] [TIFF OMITTED] TR30AP99.005
Factor at 7.4 percent for 12 years...................... .397495
Less: Interpolation adjustment.......................... .007992
---------------
Interpolated factor..................................... .389503
Present value of remainder interest: ($100,000 X $38,950.30
.389503)...............................................
(5) Period is the life of one individual. If the period described
in Sec. 1.664-3(a)(5) is the life of one individual, the factor that is
used in determining the present value of the remainder interest for
transfers for which the valuation date is after April 30, 1999, is the
factor in Table U(1) in paragraph (e)(7) of this section under the
appropriate adjusted payout. For purposes of the computations described
in this paragraph, the age of an individual is the age of that
individual at the individual's nearest birthday. If the adjusted payout
rate is an amount that is between adjusted payout rates for which
factors are provided in the appropriate table, a linear interpolation
must be made. The present value of the remainder interest is determined
by multiplying the net fair market value (as of the valuation date as
determined in paragraph (e)(4) of this section) of the property placed
in trust by the factor determined under this paragraph (e)(5). If the
adjusted payout rate is between 4.2 and 14 percent, see paragraph
(e)(7) of this section. If the adjusted payout rate is below 4.2
percent or greater than 14 percent, see Sec. 1.664-4(b). The
application of this paragraph (e)(5) may be illustrated by the
following example:
Example. A, who is 44 years and 11 months old, transfers
$100,000 to a charitable remainder unitrust on January 1st. The
trust instrument requires that the trust pay to A semiannually (on
June 30 and December 31) 9 percent of the fair market value of the
trust assets as of January 1st during A's life. The section 7520
rate for January is 9.6 percent. Under Table F(9.6) in Sec. 1.664-
4(e)(6), the appropriate adjustment factor is .933805 for semiannual
payments payable at the end of the semiannual period. The adjusted
payout rate is 8.404 (9% X .933805). Based on the remainder factors
in Table U(1) in this section, the present value of the remainder
interest is $10,109.00, computed as follows:
Factor at 8.4 percent at age 45............................... .10117
Factor at 8.6 percent at age 45............................... .09715
---------
Difference.................................................... .00402
Interpolation adjustment:
[GRAPHIC] [TIFF OMITTED] TR30AP99.006
Factor at 8.4 percent at age 45............................ .10117
Less: Interpolation adjustment............................. .00008
------------
Interpolated Factor........................................ .10109
Present value of remainder interest: ($100,000 X .10109)... $10,109.00
(6) [Reserved].
(7) Actuarial Table U(1) for transfers for which the valuation date
is after April 30, 1999. For transfers for which the valuation date is
after April 30, 1999, the present value of a charitable remainder
unitrust interest that is dependent on a term of years or the
termination of a life interest is determined by using the section 7520
rate, Table U(1) in this paragraph (e)(7), and Table D and Table F(4.2)
through (14.0) in Sec. 1.664-4(e)(6). See, however, Sec. 1.7520-3(b)
(relating to exceptions to the use of prescribed tables under certain
circumstances). Many actuarial factors not contained in the following
tables are contained in Internal Revenue Service Publication 1458,
``Actuarial Values, Book Beth,'' (1999). A copy of this publication is
available for purchase from the Superintendent of Documents, United
States Government Printing Office, Washington, DC 20402.
Table U(1).--Unitrust Single Life Remainder Factors Applicable for
Transfers After April 30, 1999 Based on Life Table 90CM
[Adjusted payout rate]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 4.2% 4.4% 4.6% 4.8% 5.0% 5.2% 5.4% 5.6% 5.8% 6.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .06177 .05580 .05061 .04609 .04215 .03871 .03570 .03307 .03075 .02872
1................................................. .05543 .04925 .04388 .03919 .03509 .03151 .02838 .02563 .02321 .02109
2................................................. .05716 .05081 .04528 .04045 .03622 .03252 .02927 .02642 .02391 .02170
3................................................. .05920 .05268 .04699 .04201 .03765 .03382 .03046 .02750 .02490 .02260
4................................................. .06143 .05475 .04889 .04376 .03926 .03530 .03182 .02876 .02605 .02366
5................................................. .06384 .05697 .05095 .04567 .04103 .03694 .03334 .03016 .02735 .02487
6................................................. .06637 .05933 .05315 .04771 .04292 .03870 .03497 .03168 .02876 .02618
[[Page 23202]]
7................................................. .06905 .06183 .05547 .04987 .04494 .04058 .03673 .03332 .03029 .02761
8................................................. .07186 .06445 .05792 .05216 .04708 .04258 .03859 .03506 .03192 .02914
9................................................. .07482 .06722 .06052 .05460 .04936 .04471 .04060 .03694 .03369 .03079
10................................................. .07793 .07015 .06327 .05718 .05179 .04700 .04274 .03896 .03559 .03259
11................................................. .08120 .07323 .06617 .05991 .05435 .04942 .04502 .04111 .03762 .03450
12................................................. .08461 .07645 .06920 .06277 .05706 .05197 .04744 .04339 .03978 .03655
13................................................. .08812 .07976 .07234 .06574 .05985 .05461 .04993 .04576 .04202 .03867
14................................................. .09168 .08313 .07552 .06874 .06269 .05729 .05247 .04815 .04428 .04081
15................................................. .09527 .08652 .07872 .07176 .06554 .05999 .05501 .05055 .04655 .04296
16................................................. .09886 .08991 .08192 .07478 .06839 .06267 .05754 .05294 .04880 .04508
17................................................. .10249 .09334 .08515 .07782 .07126 .06537 .06008 .05533 .05105 .04720
18................................................. .10616 .09680 .08842 .08090 .07415 .06809 .06264 .05774 .05332 .04933
19................................................. .10994 .10037 .09178 .08407 .07714 .07091 .06529 .06023 .05566 .05153
20................................................. .11384 .10406 .09527 .08737 .08025 .07383 .06805 .06283 .05811 .05384
21................................................. .11790 .10790 .09891 .09080 .08349 .07690 .07094 .06555 .06068 .05626
22................................................. .12208 .11188 .10267 .09436 .08686 .08008 .07395 .06839 .06336 .05879
23................................................. .12643 .11601 .10659 .09808 .09038 .08342 .07710 .07138 .06618 .06146
24................................................. .13095 .12031 .11069 .10197 .09408 .08692 .08042 .07452 .06915 .06427
25................................................. .13567 .12481 .11497 .10605 .09795 .09060 .08392 .07784 .07230 .06726
26................................................. .14058 .12950 .11945 .11032 .10202 .09447 .08760 .08134 .07563 .07042
27................................................. .14571 .13442 .12415 .11481 .10631 .09856 .09149 .08505 .07916 .07379
28................................................. .15104 .13953 .12904 .11949 .11078 .10284 .09558 .08895 .08288 .07733
29................................................. .15656 .14484 .13414 .12438 .11546 .10731 .09986 .09304 .08679 .08106
30................................................. .16229 .15034 .13943 .12946 .12034 .11198 .10433 .09732 .09089 .08498
31................................................. .16821 .15605 .14493 .13474 .12541 .11685 .10900 .10179 .09517 .08909
32................................................. .17433 .16196 .15063 .14023 .13069 .12193 .11387 .10647 .09966 .09339
33................................................. .18068 .16810 .15655 .14595 .13620 .12723 .11897 .11137 .10437 .09791
34................................................. .18724 .17446 .16270 .15189 .14193 .13275 .12430 .11650 .10930 .10265
35................................................. .19405 .18107 .16910 .15808 .14791 .13853 .12987 .12187 .11448 .10764
36................................................. .20109 .18791 .17574 .16451 .15414 .14456 .13569 .12749 .11990 .11287
37................................................. .20838 .19500 .18263 .17120 .16062 .15083 .14177 .13337 .12558 .11835
38................................................. .21593 .20236 .18979 .17816 .16739 .15739 .14813 .13953 .13154 .12412
39................................................. .22374 .20998 .19723 .18540 .17443 .16423 .15477 .14597 .13779 .13017
40................................................. .23183 .21789 .20496 .19294 .18177 .17138 .16172 .15272 .14434 .13653
41................................................. .24021 .22611 .21299 .20079 .18943 .17885 .16899 .15980 .15123 .14322
42................................................. .24889 .23463 .22134 .20896 .19741 .18665 .17660 .16721 .15845 .15025
43................................................. .25786 .24344 .23000 .21744 .20572 .19477 .18453 .17496 .16601 .15762
44................................................. .26712 .25257 .23896 .22625 .21435 .20322 .19281 .18305 .17391 .16534
45................................................. .27665 .26196 .24821 .23534 .22328 .21198 .20139 .19145 .18213 .17338
46................................................. .28644 .27163 .25774 .24472 .23251 .22105 .21028 .20018 .19068 .18174
47................................................. .29647 .28155 .26754 .25438 .24201 .23040 .21947 .20919 .19952 .19041
48................................................. .30676 .29173 .27760 .26431 .25181 .24004 .22896 .21852 .20868 .19941
49................................................. .31729 .30217 .28794 .27453 .26190 .24999 .23876 .22817 .21817 .20873
50................................................. .32808 .31289 .29856 .28505 .27229 .26026 .24889 .23814 .22799 .21839
51................................................. .33912 .32387 .30946 .29585 .28299 .27083 .25933 .24845 .23815 .22840
52................................................. .35038 .33507 .32060 .30691 .29395 .28168 .27005 .25904 .24861 .23872
53................................................. .36185 .34651 .33198 .31821 .30517 .29280 .28106 .26993 .25937 .24934
54................................................. .37352 .35815 .34358 .32976 .31664 .30418 .29234 .28110 .27042 .26026
55................................................. .38539 .37002 .35542 .34155 .32836 .31583 .30390 .29256 .28177 .27149
56................................................. .39746 .38209 .36748 .35358 .34034 .32774 .31574 .30431 .29342 .28303
57................................................. .40971 .39437 .37976 .36584 .35257 .33992 .32785 .31634 .30536 .29488
58................................................. .42212 .40682 .39222 .37829 .36500 .35231 .34019 .32862 .31756 .30699
59................................................. .43464 .41939 .40482 .39090 .37759 .36488 .35272 .34109 .32996 .31932
60................................................. .44726 .43207 .41754 .40364 .39034 .37761 .36542 .35375 .34257 .33186
61................................................. .45999 .44488 .43041 .41655 .40326 .39053 .37833 .36662 .35540 .34463
62................................................. .47286 .45785 .44345 .42964 .41639 .40367 .39146 .37974 .36848 .35767
63................................................. .48589 .47098 .45667 .44293 .42972 .41703 .40484 .39311 .38184 .37100
64................................................. .49903 .48426 .47005 .45638 .44324 .43060 .41843 .40671 .39544 .38458
65................................................. .51229 .49766 .48357 .47001 .45694 .44435 .43223 .42054 .40927 .39841
66................................................. .52568 .51121 .49726 .48381 .47084 .45833 .44626 .43461 .42337 .41252
67................................................. .53924 .52495 .51115 .49784 .48498 .47256 .46056 .44898 .43778 .42696
68................................................. .55293 .53883 .52521 .51205 .49932 .48701 .47511 .46360 .45246 .44169
69................................................. .56671 .55283 .53940 .52640 .51382 .50165 .48985 .47844 .46738 .45666
70................................................. .58052 .56687 .55365 .54084 .52843 .51639 .50473 .49342 .48245 .47181
71................................................. .59431 .58091 .56791 .55529 .54306 .53118 .51966 .50847 .49761 .48707
72................................................. .60804 .59490 .58213 .56973 .55768 .54598 .53461 .52357 .51283 .50239
73................................................. .62168 .60881 .59629 .58411 .57227 .56076 .54955 .53866 .52806 .51774
74................................................. .63528 .62268 .61042 .59848 .58686 .57555 .56453 .55380 .54335 .53316
75................................................. .64887 .63657 .62458 .61290 .60151 .59041 .57959 .56904 .55875 .54872
76................................................. .66249 .65049 .63880 .62739 .61625 .60538 .59478 .58443 .57432 .56446
77................................................. .67612 .66446 .65307 .64194 .63108 .62046 .61009 .59995 .59005 .58037
78................................................. .68975 .67843 .66736 .65654 .64596 .63561 .62548 .61558 .60590 .59643
79................................................. .70330 .69233 .68160 .67109 .66081 .65074 .64088 .63123 .62178 .61253
80................................................. .71666 .70605 .69566 .68548 .67550 .66573 .65615 .64676 .63755 .62853
[[Page 23203]]
81................................................. .72975 .71950 .70946 .69961 .68995 .68047 .67117 .66205 .65310 .64433
82................................................. .74250 .73263 .72293 .71342 .70407 .69490 .68589 .67705 .66837 .65984
83................................................. .75493 .74542 .73608 .72690 .71788 .70902 .70031 .69175 .68333 .67506
84................................................. .76712 .75798 .74900 .74016 .73147 .72292 .71451 .70624 .69810 .69010
85................................................. .77913 .77037 .76175 .75326 .74491 .73668 .72859 .72061 .71276 .70503
86................................................. .79086 .78248 .77423 .76610 .75808 .75019 .74241 .73474 .72719 .71974
87................................................. .80218 .79418 .78628 .77850 .77083 .76326 .75580 .74844 .74118 .73402
88................................................. .81307 .80544 .79790 .79047 .78313 .77589 .76874 .76169 .75473 .74786
89................................................. .82355 .81628 .80909 .80200 .79500 .78808 .78125 .77450 .76783 .76125
90................................................. .83360 .82668 .81985 .81309 .80642 .79982 .79330 .78685 .78048 .77418
91................................................. .84308 .83650 .83000 .82357 .81721 .81092 .80470 .79855 .79246 .78645
92................................................. .85182 .84556 .83937 .83325 .82718 .82119 .81525 .80937 .80356 .79780
93................................................. .85985 .85390 .84800 .84215 .83637 .83064 .82497 .81936 .81379 .80829
94................................................. .86732 .86164 .85601 .85044 .84491 .83944 .83402 .82865 .82333 .81806
95................................................. .87437 .86895 .86359 .85827 .85300 .84778 .84260 .83746 .83237 .82733
96................................................. .88097 .87582 .87070 .86563 .86060 .85561 .85066 .84575 .84088 .83605
97................................................. .88708 .88216 .87727 .87243 .86762 .86285 .85811 .85341 .84875 .84413
98................................................. .89280 .88810 .88343 .87880 .87420 .86964 .86511 .86061 .85614 .85171
99................................................. .89836 .89388 .88943 .88501 .88062 .87626 .87193 .86763 .86336 .85911
100................................................. .90375 .89948 .89525 .89103 .88685 .88269 .87856 .87445 .87037 .86632
101................................................. .90905 .90500 .90097 .89696 .89298 .88902 .88509 .88118 .87729 .87342
102................................................. .91424 .91040 .90658 .90278 .89900 .89524 .89150 .88778 .88408 .88040
103................................................. .91939 .91575 .91214 .90854 .90496 .90139 .89785 .89432 .89081 .88732
104................................................. .92485 .92144 .91805 .91467 .91131 .90796 .90463 .90131 .89800 .89471
105................................................. .93020 .92701 .92383 .92067 .91751 .91437 .91125 .90813 .90502 .90193
106................................................. .93701 .93411 .93122 .92834 .92546 .92260 .91974 .91689 .91405 .91122
107................................................. .94522 .94268 .94013 .93760 .93507 .93254 .93002 .92750 .92499 .92249
108................................................. .95782 .95583 .95385 .95187 .94989 .94791 .94593 .94396 .94199 .94002
109................................................. .97900 .97800 .97700 .97600 .97500 .97400 .97300 .97200 .97100 .97000
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 7.8% 8.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .02693 .02534 .02395 .02271 .02161 .02063 .01976 .01898 .01828 .01765
1................................................. .01922 .01756 .01610 .01480 .01365 .01263 .01171 .01090 .01017 .00951
2................................................. .01975 .01802 .01650 .01514 .01393 .01286 .01190 .01104 .01028 .00959
3................................................. .02056 .01876 .01717 .01575 .01449 .01336 .01235 .01145 .01064 .00992
4................................................. .02155 .01967 .01800 .01652 .01520 .01401 .01296 .01201 .01116 .01039
5................................................. .02266 .02071 .01896 .01741 .01603 .01479 .01368 .01269 .01179 .01098
6................................................. .02389 .02184 .02003 .01841 .01696 .01566 .01450 .01345 .01251 .01166
7................................................. .02522 .02309 .02120 .01950 .01799 .01663 .01540 .01431 .01332 .01242
8................................................. .02665 .02444 .02246 .02069 .01910 .01768 .01640 .01524 .01420 .01326
9................................................. .02821 .02590 .02384 .02199 .02033 .01884 .01750 .01629 .01520 .01421
10................................................. .02990 .02750 .02535 .02342 .02169 .02013 .01872 .01745 .01631 .01526
11................................................. .03172 .02922 .02698 .02497 .02316 .02153 .02006 .01872 .01752 .01643
12................................................. .03365 .03106 .02872 .02663 .02474 .02303 .02149 .02010 .01884 .01769
13................................................. .03566 .03297 .03054 .02835 .02638 .02460 .02299 .02154 .02021 .01901
14................................................. .03770 .03490 .03237 .03010 .02804 .02619 .02450 .02298 .02159 .02033
15................................................. .03973 .03682 .03419 .03182 .02968 .02775 .02599 .02439 .02294 .02162
16................................................. .04173 .03871 .03598 .03352 .03129 .02926 .02743 .02576 .02424 .02286
17................................................. .04372 .04059 .03775 .03519 .03287 .03076 .02884 .02710 .02551 .02406
18................................................. .04573 .04248 .03953 .03686 .03444 .03224 .03024 .02842 .02676 .02524
19................................................. .04780 .04443 .04137 .03859 .03607 .03378 .03169 .02978 .02804 .02646
20................................................. .04997 .04647 .04329 .04040 .03778 .03539 .03321 .03122 .02940 .02773
21................................................. .05226 .04862 .04532 .04232 .03958 .03709 .03481 .03274 .03083 .02909
22................................................. .05465 .05088 .04745 .04432 .04148 .03888 .03650 .03433 .03234 .03052
23................................................. .05716 .05325 .04969 .04645 .04348 .04077 .03830 .03603 .03394 .03203
24................................................. .05983 .05578 .05208 .04871 .04562 .04280 .04021 .03784 .03566 .03367
25................................................. .06266 .05846 .05463 .05112 .04791 .04497 .04227 .03980 .03752 .03543
26................................................. .06566 .06131 .05734 .05369 .05035 .04729 .04448 .04189 .03951 .03732
27................................................. .06887 .06436 .06024 .05646 .05298 .04979 .04686 .04416 .04168 .03939
28................................................. .07225 .06758 .06331 .05938 .05577 .05245 .04940 .04658 .04398 .04159
29................................................. .07581 .07099 .06656 .06248 .05873 .05528 .05210 .04916 .04645 .04394
30................................................. .07956 .07457 .06998 .06575 .06186 .05827 .05495 .05189 .04906 .04644
31................................................. .08348 .07833 .07358 .06920 .06515 .06142 .05797 .05478 .05182 .04908
32................................................. .08761 .08228 .07736 .07282 .06863 .06475 .06116 .05783 .05475 .05189
33................................................. .09195 .08645 .08136 .07666 .07231 .06828 .06454 .06108 .05786 .05488
34................................................. .09651 .09082 .08557 .08070 .07619 .07200 .06812 .06452 .06117 .05805
35................................................. .10131 .09545 .09002 .08498 .08030 .07596 .07193 .06818 .06469 .06144
36................................................. .10635 .10031 .09470 .08949 .08465 .08015 .07596 .07206 .06842 .06503
37................................................. .11165 .10542 .09963 .09424 .08923 .08457 .08022 .07617 .07238 .06885
38................................................. .11722 .11081 .10484 .09927 .09409 .08926 .08475 .08054 .07661 .07293
39................................................. .12308 .11648 .11032 .10458 .09922 .09422 .08955 .08518 .08109 .07726
40................................................. .12925 .12246 .11612 .11020 .10466 .09949 .09465 .09011 .08587 .08189
41................................................. .13575 .12877 .12225 .11614 .11043 .10508 .10007 .09537 .09097 .08683
[[Page 23204]]
42................................................. .14259 .13542 .12871 .12243 .11654 .11101 .10583 .10097 .09640 .09210
43................................................. .14977 .14242 .13552 .12905 .12298 .11729 .11193 .10690 .10217 .09771
44................................................. .15731 .14976 .14269 .13604 .12979 .12391 .11838 .11318 .10828 .10367
45................................................. .16516 .15743 .15017 .14334 .13691 .13086 .12516 .11979 .11472 .10994
46................................................. .17334 .16544 .15800 .15099 .14438 .13816 .13228 .12674 .12150 .11656
47................................................. .18184 .17375 .16613 .15895 .15217 .14576 .13972 .13400 .12860 .12349
48................................................. .19066 .18240 .17461 .16724 .16029 .15371 .14749 .14161 .13604 .13077
49................................................. .19981 .19138 .18342 .17588 .16875 .16201 .15562 .14956 .14383 .13839
50................................................. .20931 .20072 .19259 .18489 .17759 .17067 .16412 .15790 .15199 .14639
51................................................. .21917 .21042 .20212 .19426 .18679 .17971 .17299 .16660 .16054 .15477
52................................................. .22933 .22043 .21198 .20395 .19633 .18909 .18220 .17566 .16943 .16350
53................................................. .23981 .23076 .22216 .21399 .20621 .19881 .19176 .18506 .17867 .17258
54................................................. .25060 .24141 .23267 .22434 .21642 .20886 .20166 .19480 .18826 .18201
55................................................. .26171 .25239 .24351 .23504 .22697 .21927 .21192 .20491 .19821 .19182
56................................................. .27313 .26369 .25468 .24608 .23787 .23003 .22254 .21538 .20854 .20199
57................................................. .28487 .27531 .26618 .25746 .24912 .24114 .23351 .22621 .21923 .21254
58................................................. .29688 .28722 .27798 .26914 .26067 .25257 .24481 .23738 .23025 .22343
59................................................. .30913 .29937 .29002 .28107 .27249 .26427 .25639 .24882 .24157 .23461
60................................................. .32159 .31175 .30231 .29325 .28457 .27623 .26823 .26055 .25317 .24608
61................................................. .33429 .32437 .31485 .30571 .29692 .28848 .28037 .27257 .26507 .25786
62................................................. .34728 .33730 .32770 .31847 .30960 .30106 .29285 .28495 .27734 .27001
63................................................. .36057 .35053 .34087 .33157 .32262 .31400 .30569 .29769 .28998 .28255
64................................................. .37412 .36404 .35433 .34498 .33596 .32726 .31887 .31078 .30298 .29545
65................................................. .38794 .37783 .36809 .35868 .34961 .34085 .33239 .32422 .31633 .30871
66................................................. .40205 .39193 .38216 .37272 .36361 .35479 .34628 .33804 .33008 .32238
67................................................. .41650 .40639 .39661 .38715 .37800 .36915 .36059 .35230 .34428 .33651
68................................................. .43126 .42117 .41139 .40193 .39277 .38390 .37530 .36697 .35890 .35108
69................................................. .44628 .43622 .42648 .41703 .40787 .39898 .39037 .38201 .37391 .36604
70................................................. .46150 .45149 .44178 .43236 .42321 .41433 .40571 .39735 .38922 .38132
71................................................. .47683 .46689 .45723 .44785 .43873 .42987 .42126 .41290 .40476 .39685
72................................................. .49225 .48238 .47279 .46346 .45439 .44556 .43697 .42862 .42048 .41257
73................................................. .50770 .49793 .48841 .47915 .47013 .46135 .45280 .44447 .43635 .42844
74................................................. .52324 .51358 .50416 .49498 .48603 .47731 .46880 .46051 .45242 .44454
75................................................. .53894 .52939 .52008 .51100 .50214 .49349 .48505 .47681 .46877 .46092
76................................................. .55483 .54543 .53624 .52728 .51852 .50996 .50160 .49344 .48546 .47766
77................................................. .57091 .56167 .55263 .54380 .53516 .52671 .51845 .51038 .50247 .49475
78................................................. .58716 .57809 .56922 .56053 .55203 .54372 .53557 .52760 .51980 .51216
79................................................. .60346 .59459 .58590 .57738 .56904 .56086 .55286 .54501 .53732 .52978
80................................................. .61969 .61102 .60252 .59419 .58601 .57800 .57014 .56243 .55487 .54745
81................................................. .63571 .62726 .61897 .61082 .60283 .59499 .58729 .57974 .57232 .56503
82................................................. .65146 .64324 .63515 .62722 .61942 .61176 .60423 .59683 .58957 .58242
83................................................. .66693 .65893 .65108 .64335 .63575 .62828 .62093 .61371 .60660 .59962
84................................................. .68222 .67447 .66684 .65934 .65195 .64468 .63753 .63049 .62356 .61674
85................................................. .69742 .68993 .68255 .67528 .66812 .66106 .65411 .64727 .64053 .63389
86................................................. .71241 .70517 .69805 .69102 .68410 .67727 .67054 .66390 .65736 .65091
87................................................. .72696 .72000 .71313 .70635 .69967 .69307 .68656 .68014 .67381 .66756
88................................................. .74108 .73438 .72777 .72125 .71480 .70845 .70217 .69597 .68985 .68380
89................................................. .75475 .74832 .74198 .73571 .72951 .72339 .71734 .71137 .70547 .69963
90................................................. .76796 .76180 .75572 .74971 .74376 .73788 .73207 .72633 .72065 .71503
91................................................. .78049 .77460 .76878 .76302 .75732 .75168 .74610 .74058 .73512 .72972
92................................................. .79211 .78647 .78089 .77537 .76990 .76449 .75913 .75383 .74858 .74338
93................................................. .80283 .79743 .79208 .78679 .78154 .77634 .77119 .76610 .76105 .75604
94................................................. .81283 .80765 .80253 .79744 .79240 .78741 .78247 .77756 .77270 .76789
95................................................. .82233 .81737 .81245 .80757 .80274 .79795 .79320 .78849 .78382 .77918
96................................................. .83126 .82651 .82180 .81712 .81248 .80788 .80332 .79880 .79431 .78985
97................................................. .83953 .83498 .83046 .82597 .82152 .81710 .81271 .80836 .80404 .79976
98................................................. .84731 .84294 .83860 .83429 .83002 .82577 .82155 .81737 .81321 .80908
99................................................. .85490 .85071 .84656 .84243 .83832 .83425 .83020 .82618 .82219 .81822
100................................................. .86229 .85828 .85431 .85035 .84642 .84252 .83864 .83478 .83095 .82714
101................................................. .86958 .86575 .86195 .85818 .85442 .85069 .84698 .84329 .83962 .83597
102................................................. .87674 .87310 .86947 .86587 .86229 .85873 .85518 .85166 .84815 .84466
103................................................. .88384 .88038 .87694 .87351 .87010 .86671 .86334 .85998 .85663 .85331
104................................................. .89143 .88817 .88492 .88169 .87847 .87526 .87207 .86889 .86573 .86258
105................................................. .89885 .89578 .89272 .88967 .88664 .88361 .88060 .87760 .87461 .87163
106................................................. .90840 .90559 .90278 .89999 .89720 .89442 .89165 .88888 .88613 .88338
107................................................. .91999 .91750 .91501 .91253 .91005 .90758 .90511 .90265 .90019 .89774
108................................................. .93805 .93609 .93412 .93216 .93020 .92824 .92629 .92434 .92239 .92044
109................................................. .96900 .96800 .96700 .96600 .96500 .96400 .96300 .96200 .96100 .96000
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 8.2% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4% 9.6% 9.8% 10.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .01709 .01658 .01612 .01570 .01532 .01497 .01466 .01437 .01410 .01386
1................................................. .00892 .00839 .00791 .00747 .00708 .00672 .00639 .00609 .00582 .00557
2................................................. .00896 .00840 .00790 .00744 .00702 .00664 .00629 .00598 .00569 .00542
[[Page 23205]]
3................................................. .00926 .00867 .00814 .00765 .00721 .00681 .00644 .00611 .00580 .00552
4................................................. .00970 .00908 .00851 .00800 .00753 .00711 .00672 .00636 .00604 .00574
5................................................. .01026 .00960 .00900 .00846 .00796 .00751 .00710 .00672 .00637 .00606
6................................................. .01089 .01019 .00956 .00899 .00846 .00799 .00755 .00715 .00678 .00644
7................................................. .01161 .01088 .01021 .00960 .00905 .00854 .00808 .00765 .00726 .00690
8................................................. .01241 .01163 .01093 .01029 .00970 .00917 .00867 .00822 .00781 .00743
9................................................. .01331 .01249 .01175 .01107 .01045 .00988 .00936 .00889 .00845 .00804
10................................................. .01432 .01346 .01268 .01196 .01131 .01071 .01016 .00965 .00918 .00875
11................................................. .01543 .01453 .01370 .01295 .01226 .01162 .01104 .01051 .01001 .00956
12................................................. .01664 .01569 .01482 .01403 .01330 .01263 .01202 .01145 .01093 .01045
13................................................. .01791 .01691 .01600 .01516 .01440 .01369 .01304 .01245 .01190 .01139
14................................................. .01918 .01813 .01717 .01629 .01548 .01474 .01406 .01343 .01285 .01231
15................................................. .02041 .01931 .01831 .01738 .01653 .01576 .01504 .01437 .01376 .01320
16................................................. .02160 .02044 .01938 .01841 .01752 .01670 .01595 .01525 .01460 .01401
17................................................. .02274 .02152 .02041 .01940 .01846 .01760 .01680 .01607 .01539 .01476
18................................................. .02386 .02258 .02142 .02035 .01936 .01846 .01762 .01685 .01613 .01547
19................................................. .02500 .02367 .02245 .02132 .02029 .01933 .01845 .01764 .01689 .01619
20................................................. .02621 .02481 .02353 .02235 .02126 .02025 .01933 .01847 .01768 .01694
21................................................. .02749 .02603 .02468 .02344 .02229 .02124 .02026 .01936 .01852 .01774
22................................................. .02884 .02730 .02589 .02458 .02338 .02227 .02124 .02029 .01940 .01859
23................................................. .03028 .02867 .02718 .02581 .02454 .02337 .02229 .02128 .02035 .01949
24................................................. .03183 .03013 .02857 .02713 .02580 .02456 .02342 .02236 .02138 .02047
25................................................. .03350 .03172 .03008 .02857 .02717 .02587 .02467 .02355 .02251 .02155
26................................................. .03530 .03344 .03172 .03013 .02865 .02729 .02602 .02484 .02375 .02273
27................................................. .03727 .03532 .03351 .03183 .03028 .02885 .02751 .02627 .02511 .02404
28................................................. .03937 .03732 .03543 .03367 .03204 .03052 .02911 .02780 .02658 .02545
29................................................. .04162 .03947 .03748 .03564 .03392 .03233 .03084 .02946 .02818 .02698
30................................................. .04401 .04176 .03967 .03773 .03593 .03425 .03269 .03124 .02988 .02861
31................................................. .04654 .04419 .04200 .03996 .03807 .03630 .03466 .03312 .03169 .03035
32................................................. .04923 .04676 .04447 .04233 .04034 .03849 .03676 .03514 .03363 .03221
33................................................. .05210 .04952 .04711 .04487 .04278 .04083 .03901 .03731 .03571 .03422
34................................................. .05515 .05245 .04993 .04758 .04538 .04333 .04142 .03962 .03794 .03637
35................................................. .05841 .05558 .05295 .05048 .04818 .04603 .04401 .04212 .04035 .03869
36................................................. .06187 .05892 .05616 .05358 .05116 .04890 .04678 .04480 .04293 .04118
37................................................. .06555 .06247 .05958 .05688 .05435 .05198 .04975 .04766 .04570 .04385
38................................................. .06949 .06627 .06325 .06043 .05777 .05528 .05295 .05075 .04868 .04674
39................................................. .07368 .07032 .06717 .06421 .06143 .05882 .05637 .05406 .05189 .04984
40................................................. .07816 .07465 .07137 .06827 .06537 .06263 .06006 .05764 .05535 .05320
41................................................. .08295 .07930 .07587 .07264 .06960 .06674 .06405 .06150 .05910 .05683
42................................................. .08807 .08427 .08069 .07733 .07415 .07116 .06833 .06567 .06315 .06077
43................................................. .09352 .08957 .08585 .08233 .07902 .07589 .07294 .07014 .06750 .06500
44................................................. .09932 .09521 .09134 .08768 .08423 .08096 .07787 .07495 .07218 .06956
45................................................. .10543 .10117 .09715 .09334 .08974 .08634 .08311 .08005 .07716 .07441
46................................................. .11189 .10747 .10329 .09933 .09559 .09204 .08867 .08548 .08245 .07958
47................................................. .11866 .11408 .10974 .10564 .10174 .09805 .09454 .09121 .08805 .08504
48................................................. .12577 .12103 .11654 .11228 .10823 .10439 .10074 .09727 .09397 .09083
49................................................. .13323 .12833 .12368 .11926 .11506 .11107 .10728 .10366 .10022 .09695
50................................................. .14107 .13601 .13120 .12663 .12228 .11813 .11419 .11043 .10685 .10344
51................................................. .14928 .14407 .13910 .13437 .12987 .12558 .12149 .11758 .11386 .11031
52................................................. .15785 .15248 .14735 .14247 .13781 .13337 .12913 .12508 .12122 .11752
53................................................. .16678 .16124 .15597 .15093 .14612 .14153 .13714 .13294 .12893 .12509
54................................................. .17606 .17037 .16493 .15974 .15478 .15004 .14550 .14116 .13700 .13302
55................................................. .18570 .17986 .17428 .16893 .16382 .15893 .15424 .14976 .14546 .14134
56................................................. .19573 .18974 .18400 .17851 .17325 .16821 .16338 .15875 .15430 .15004
57................................................. .20613 .20000 .19412 .18848 .18307 .17789 .17291 .16814 .16355 .15914
58................................................. .21688 .21060 .20458 .19880 .19325 .18792 .18280 .17788 .17316 .16861
59................................................. .22793 .22151 .21535 .20943 .20374 .19827 .19301 .18795 .18309 .17840
60................................................. .23927 .23272 .22642 .22036 .21454 .20893 .20354 .19834 .19334 .18851
61................................................. .25092 .24425 .23782 .23163 .22567 .21993 .21440 .20907 .20393 .19898
62................................................. .26295 .25616 .24961 .24329 .23721 .23134 .22568 .22021 .21494 .20985
63................................................. .27538 .26847 .26180 .25537 .24916 .24316 .23738 .23179 .22639 .22117
64................................................. .28817 .28116 .27438 .26783 .26150 .25539 .24949 .24377 .23825 .23291
65................................................. .30134 .29423 .28735 .28069 .27426 .26803 .26201 .25618 .25054 .24508
66................................................. .31493 .30772 .30075 .29399 .28746 .28113 .27500 .26906 .26331 .25774
67................................................. .32899 .32170 .31464 .30780 .30118 .29475 .28852 .28248 .27663 .27095
68................................................. .34349 .33614 .32901 .32209 .31538 .30887 .30256 .29643 .29047 .28469
69................................................. .35841 .35100 .34381 .33683 .33005 .32346 .31707 .31085 .30481 .29894
70................................................. .37366 .36620 .35896 .35193 .34509 .33844 .33197 .32568 .31957 .31362
71................................................. .38916 .38167 .37440 .36732 .36043 .35372 .34720 .34084 .33466 .32864
72................................................. .40486 .39736 .39006 .38295 .37602 .36927 .36270 .35629 .35005 .34396
73................................................. .42074 .41323 .40591 .39878 .39182 .38504 .37843 .37198 .36568 .35955
74................................................. .43685 .42934 .42202 .41488 .40791 .40110 .39446 .38798 .38165 .37547
75................................................. .45326 .44577 .43846 .43132 .42435 .41754 .41088 .40438 .39802 .39181
76................................................. .47004 .46259 .45530 .44818 .44122 .43442 .42776 .42125 .41488 .40865
[[Page 23206]]
77................................................. .48718 .47979 .47255 .46547 .45853 .45175 .44511 .43861 .43225 .42601
78................................................. .50467 .49735 .49017 .48314 .47626 .46951 .46290 .45643 .45008 .44386
79................................................. .52239 .51515 .50806 .50110 .49427 .48758 .48102 .47459 .46828 .46209
80................................................. .54018 .53304 .52603 .51916 .51242 .50580 .49930 .49292 .48666 .48052
81................................................. .55788 .55085 .54396 .53718 .53053 .52399 .51757 .51126 .50507 .49898
82................................................. .57540 .56851 .56173 .55506 .54851 .54207 .53574 .52951 .52339 .51737
83................................................. .59274 .58598 .57933 .57279 .56635 .56001 .55378 .54765 .54161 .53567
84................................................. .61002 .60341 .59690 .59049 .58418 .57796 .57184 .56582 .55988 .55403
85................................................. .62734 .62090 .61454 .60828 .60211 .59603 .59004 .58414 .57832 .57258
86................................................. .64455 .63828 .63210 .62600 .61999 .61406 .60821 .60244 .59675 .59113
87................................................. .66139 .65531 .64930 .64337 .63752 .63175 .62605 .62043 .61488 .60939
88................................................. .67783 .67194 .66612 .66037 .65469 .64908 .64354 .63807 .63267 .62733
89................................................. .69387 .68817 .68254 .67698 .67148 .66605 .66068 .65537 .65012 .64493
90................................................. .70947 .70398 .69855 .69318 .68786 .68261 .67742 .67228 .66719 .66217
91................................................. .72437 .71908 .71385 .70867 .70354 .69847 .69345 .68848 .68357 .67870
92................................................. .73823 .73314 .72810 .72310 .71816 .71326 .70841 .70361 .69886 .69415
93................................................. .75109 .74618 .74132 .73650 .73173 .72700 .72232 .71768 .71308 .70852
94................................................. .76312 .75839 .75370 .74905 .74445 .73988 .73536 .73087 .72643 .72202
95................................................. .77459 .77004 .76552 .76104 .75660 .75220 .74783 .74350 .73920 .73494
96................................................. .78543 .78105 .77670 .77238 .76810 .76386 .75964 .75546 .75131 .74720
97................................................. .79550 .79128 .78709 .78293 .77880 .77470 .77063 .76659 .76258 .75860
98................................................. .80498 .80091 .79687 .79286 .78888 .78492 .78099 .77709 .77322 .76937
99................................................. .81428 .81036 .80647 .80261 .79877 .79496 .79117 .78741 .78367 .77995
100................................................. .82336 .81959 .81586 .81214 .80845 .80478 .80113 .79751 .79390 .79032
101................................................. .83234 .82873 .82515 .82158 .81804 .81451 .81101 .80753 .80406 .80062
102................................................. .84119 .83774 .83431 .83089 .82750 .82412 .82076 .81742 .81409 .81078
103................................................. .84999 .84670 .84342 .84016 .83691 .83368 .83046 .82726 .82408 .82091
104................................................. .85944 .85632 .85321 .85011 .84703 .84396 .84090 .83786 .83483 .83182
105................................................. .86866 .86570 .86276 .85982 .85690 .85399 .85109 .84820 .84532 .84245
106................................................. .88065 .87792 .87520 .87248 .86978 .86708 .86440 .86172 .85905 .85638
107................................................. .89530 .89286 .89042 .88799 .88557 .88315 .88073 .87833 .87592 .87352
108................................................. .91849 .91654 .91460 .91266 .91072 .90879 .90685 .90492 .90299 .90106
109................................................. .95900 .95800 .95700 .95600 .95500 .95400 .95300 .95200 .95100 .95000
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 10.2% 10.4% 10.6% 10.8% 11.0% 11.2% 11.4% 11.6% 11.8% 12.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .01363 .01342 .01323 .01305 .01288 .01272 .01258 .01244 .01231 .01219
1................................................. .00534 .00512 .00493 .00474 .00458 .00442 .00427 .00414 .00401 .00389
2................................................. .00518 .00495 .00474 .00455 .00437 .00421 .00405 .00391 .00377 .00365
3................................................. .00526 .00502 .00480 .00459 .00440 .00422 .00406 .00391 .00376 .00363
4................................................. .00546 .00521 .00497 .00475 .00455 .00436 .00419 .00402 .00387 .00373
5................................................. .00576 .00549 .00524 .00501 .00479 .00459 .00440 .00423 .00406 .00391
6................................................. .00613 .00584 .00557 .00532 .00509 .00488 .00468 .00449 .00432 .00415
7................................................. .00657 .00626 .00598 .00571 .00547 .00524 .00502 .00482 .00464 .00446
8................................................. .00707 .00675 .00644 .00616 .00590 .00565 .00542 .00521 .00501 .00482
9................................................. .00766 .00732 .00699 .00669 .00641 .00615 .00591 .00568 .00547 .00527
10................................................. .00835 .00798 .00764 .00732 .00702 .00675 .00649 .00624 .00602 .00580
11................................................. .00913 .00874 .00838 .00804 .00772 .00743 .00715 .00689 .00665 .00642
12................................................. .01000 .00959 .00920 .00884 .00851 .00819 .00790 .00762 .00737 .00712
13................................................. .01091 .01048 .01007 .00969 .00933 .00900 .00869 .00840 .00813 .00787
14................................................. .01181 .01135 .01092 .01052 .01014 .00979 .00947 .00916 .00887 .00860
15................................................. .01267 .01218 .01173 .01130 .01091 .01054 .01019 .00987 .00956 .00928
16................................................. .01345 .01294 .01246 .01201 .01160 .01121 .01084 .01050 .01018 .00988
17................................................. .01418 .01364 .01313 .01266 .01222 .01181 .01143 .01107 .01073 .01041
18................................................. .01486 .01429 .01375 .01326 .01279 .01236 .01196 .01158 .01122 .01088
19................................................. .01554 .01494 .01438 .01385 .01336 .01291 .01248 .01208 .01170 .01135
20................................................. .01626 .01562 .01503 .01448 .01396 .01348 .01303 .01260 .01220 .01183
21................................................. .01702 .01635 .01573 .01514 .01460 .01409 .01361 .01316 .01274 .01235
22................................................. .01782 .01711 .01645 .01584 .01526 .01472 .01422 .01374 .01330 .01288
23................................................. .01868 .01793 .01724 .01658 .01597 .01540 .01487 .01437 .01390 .01345
24................................................. .01962 .01883 .01809 .01740 .01675 .01615 .01558 .01505 .01455 .01408
25................................................. .02065 .01981 .01903 .01830 .01762 .01698 .01638 .01581 .01528 .01478
26................................................. .02178 .02089 .02006 .01929 .01856 .01789 .01725 .01665 .01609 .01556
27................................................. .02303 .02209 .02122 .02040 .01963 .01891 .01824 .01760 .01700 .01644
28................................................. .02439 .02339 .02247 .02160 .02079 .02002 .01931 .01863 .01800 .01740
29................................................. .02585 .02480 .02382 .02290 .02204 .02123 .02047 .01976 .01908 .01845
30................................................. .02742 .02631 .02527 .02430 .02339 .02253 .02172 .02096 .02025 .01957
31................................................. .02910 .02793 .02683 .02579 .02482 .02391 .02306 .02225 .02149 .02077
32................................................. .03089 .02965 .02849 .02739 .02636 .02540 .02449 .02363 .02282 .02206
33................................................. .03282 .03151 .03028 .02912 .02803 .02701 .02604 .02513 .02427 .02346
34................................................. .03489 .03350 .03220 .03097 .02982 .02873 .02771 .02674 .02583 .02497
35................................................. .03713 .03567 .03429 .03299 .03177 .03061 .02953 .02850 .02753 .02661
36................................................. .03953 .03798 .03653 .03515 .03386 .03263 .03148 .03039 .02936 .02838
37................................................. .04211 .04048 .03894 .03748 .03611 .03481 .03359 .03243 .03134 .03030
[[Page 23207]]
38................................................. .04490 .04318 .04155 .04001 .03856 .03719 .03589 .03466 .03350 .03239
39................................................. .04791 .04609 .04437 .04274 .04120 .03975 .03837 .03707 .03583 .03466
40................................................. .05116 .04924 .04742 .04571 .04408 .04254 .04108 .03970 .03839 .03714
41................................................. .05469 .05267 .05075 .04894 .04722 .04559 .04405 .04258 .04119 .03987
42................................................. .05851 .05638 .05436 .05245 .05063 .04891 .04728 .04573 .04425 .04285
43................................................. .06263 .06039 .05827 .05625 .05433 .05252 .05079 .04915 .04759 .04610
44................................................. .06707 .06472 .06248 .06035 .05834 .05642 .05459 .05286 .05121 .04963
45................................................. .07180 .06933 .06698 .06474 .06262 .06059 .05867 .05684 .05509 .05342
46................................................. .07685 .07425 .07178 .06943 .06720 .06507 .06304 .06110 .05926 .05750
47................................................. .08218 .07946 .07687 .07440 .07205 .06981 .06768 .06564 .06369 .06183
48................................................. .08784 .08499 .08228 .07969 .07722 .07487 .07262 .07047 .06842 .06646
49................................................. .09382 .09085 .08801 .08530 .08271 .08024 .07788 .07562 .07346 .07140
50................................................. .10018 .09707 .09410 .09127 .08856 .08597 .08349 .08112 .07885 .07667
51................................................. .10691 .10367 .10057 .09761 .09477 .09206 .08946 .08697 .08459 .08231
52................................................. .11399 .11061 .10738 .10429 .10132 .09849 .09577 .09316 .09066 .08826
53................................................. .12142 .11791 .11454 .11132 .10823 .10526 .10242 .09969 .09707 .09456
54................................................. .12921 .12556 .12206 .11870 .11548 .11239 .10942 .10657 .10383 .10120
55................................................. .13738 .13359 .12995 .12646 .12311 .11989 .11679 .11382 .11096 .10820
56................................................. .14595 .14202 .13824 .13462 .13113 .12778 .12456 .12146 .11847 .11560
57................................................. .15491 .15084 .14693 .14317 .13955 .13607 .13272 .12949 .12638 .12338
58................................................. .16424 .16004 .15599 .15209 .14834 .14473 .14125 .13789 .13465 .13153
59................................................. .17390 .16955 .16537 .16134 .15746 .15371 .15010 .14662 .14325 .14001
60................................................. .18387 .17939 .17507 .17091 .16689 .16302 .15927 .15566 .15217 .14880
61................................................. .19420 .18958 .18513 .18084 .17669 .17268 .16881 .16506 .16145 .15795
62................................................. .20494 .20020 .19561 .19119 .18691 .18277 .17877 .17490 .17115 .16753
63................................................. .21613 .21126 .20654 .20199 .19758 .19331 .18918 .18518 .18131 .17757
64................................................. .22774 .22274 .21791 .21322 .20869 .20429 .20004 .19592 .19192 .18805
65................................................. .23979 .23467 .22971 .22490 .22025 .21573 .21135 .20710 .20299 .19899
66................................................. .25233 .24709 .24202 .23709 .23231 .22767 .22318 .21881 .21457 .21045
67................................................. .26543 .26009 .25489 .24985 .24496 .24021 .23560 .23111 .22676 .22252
68................................................. .27908 .27363 .26833 .26319 .25819 .25332 .24860 .24400 .23954 .23519
69................................................. .29324 .28769 .28230 .27705 .27195 .26699 .26216 .25746 .25288 .24843
70................................................. .30783 .30219 .29671 .29137 .28618 .28112 .27619 .27139 .26672 .26216
71................................................. .32277 .31706 .31150 .30608 .30079 .29564 .29063 .28573 .28096 .27631
72................................................. .33803 .33225 .32661 .32112 .31575 .31052 .30542 .30044 .29559 .29084
73................................................. .35356 .34772 .34201 .33645 .33101 .32571 .32053 .31547 .31053 .30571
74................................................. .36943 .36354 .35778 .35215 .34666 .34129 .33604 .33091 .32590 .32100
75................................................. .38574 .37980 .37400 .36833 .36278 .35735 .35205 .34686 .34178 .33681
76................................................. .40256 .39660 .39076 .38505 .37947 .37400 .36864 .36340 .35827 .35324
77................................................. .41991 .41394 .40808 .40235 .39674 .39124 .38585 .38056 .37539 .37032
78................................................. .43777 .43180 .42594 .42020 .41457 .40906 .40365 .39834 .39314 .38803
79................................................. .45602 .45007 .44422 .43849 .43287 .42735 .42193 .41661 .41139 .40627
80................................................. .47449 .46856 .46275 .45704 .45143 .44592 .44051 .43519 .42997 .42484
81................................................. .49300 .48712 .48134 .47566 .47008 .46460 .45921 .45391 .44870 .44357
82................................................. .51145 .50563 .49990 .49427 .48873 .48328 .47792 .47265 .46746 .46235
83................................................. .52983 .52407 .51841 .51284 .50735 .50195 .49663 .49139 .48624 .48116
84................................................. .54828 .54261 .53702 .53151 .52609 .52075 .51549 .51030 .50519 .50015
85................................................. .56693 .56135 .55586 .55044 .54510 .53983 .53464 .52952 .52447 .51949
86................................................. .58560 .58013 .57474 .56943 .56418 .55901 .55390 .54886 .54389 .53898
87................................................. .60398 .59864 .59337 .58817 .58303 .57795 .57294 .56799 .56310 .55828
88................................................. .62206 .61685 .61170 .60662 .60159 .59663 .59173 .58688 .58209 .57736
89................................................. .63980 .63474 .62972 .62477 .61987 .61503 .61024 .60551 .60083 .59620
90................................................. .65719 .65227 .64741 .64259 .63783 .63312 .62846 .62385 .61928 .61477
91................................................. .67388 .66912 .66440 .65973 .65511 .65053 .64600 .64152 .63708 .63269
92................................................. .68949 .68487 .68030 .67577 .67129 .66685 .66245 .65809 .65378 .64950
93................................................. .70401 .69954 .69511 .69072 .68637 .68205 .67778 .67355 .66935 .66519
94................................................. .71765 .71332 .70902 .70477 .70055 .69636 .69222 .68810 .68403 .67998
95................................................. .73072 .72653 .72237 .71825 .71416 .71010 .70608 .70209 .69813 .69421
96................................................. .74311 .73906 .73504 .73105 .72709 .72316 .71926 .71539 .71155 .70774
97................................................. .75465 .75073 .74684 .74297 .73914 .73533 .73155 .72780 .72407 .72037
98................................................. .76555 .76175 .75798 .75424 .75052 .74683 .74317 .73953 .73591 .73232
99................................................. .77626 .77260 .76895 .76534 .76174 .75817 .75462 .75109 .74759 .74411
100................................................. .78676 .78323 .77971 .77622 .77274 .76929 .76586 .76245 .75906 .75569
101................................................. .79719 .79379 .79040 .78703 .78368 .78035 .77704 .77375 .77048 .76722
102................................................. .80749 .80422 .80096 .79772 .79450 .79130 .78811 .78494 .78178 .77864
103................................................. .81775 .81461 .81149 .80838 .80529 .80221 .79914 .79609 .79306 .79003
104................................................. .82881 .82582 .82284 .81988 .81693 .81399 .81106 .80815 .80525 .80236
105................................................. .83959 .83674 .83391 .83108 .82826 .82546 .82267 .81988 .81711 .81435
106................................................. .85373 .85108 .84844 .84581 .84319 .84058 .83797 .83537 .83278 .83020
107................................................. .87113 .86875 .86636 .86399 .86161 .85925 .85689 .85453 .85218 .84984
108................................................. .89913 .89721 .89529 .89337 .89145 .88953 .88762 .88571 .88380 .88189
109................................................. .94900 .94800 .94700 .94600 .94500 .94400 .94300 .94200 .94100 .94000
[[Page 23208]]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 12.2% 12.4% 12.6% 12.8% 13.0% 13.2% 13.4% 13.6% 13.8% 14.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .01208 .01197 .01187 .01177 .01168 .01159 .01151 .01143 .01135 .01128
1................................................. .00378 .00367 .00358 .00348 .00340 .00331 .00323 .00316 .00309 .00302
2................................................. .00353 .00342 .00331 .00322 .00312 .00304 .00295 .00288 .00280 .00273
3................................................. .00350 .00339 .00327 .00317 .00307 .00298 .00289 .00281 .00273 .00265
4................................................. .00359 .00347 .00335 .00324 .00313 .00303 .00294 .00285 .00276 .00268
5................................................. .00377 .00363 .00351 .00339 .00327 .00317 .00306 .00297 .00288 .00279
6................................................. .00400 .00386 .00372 .00359 .00347 .00335 .00325 .00314 .00305 .00295
7................................................. .00430 .00414 .00400 .00386 .00373 .00360 .00349 .00338 .00327 .00317
8................................................. .00465 .00448 .00432 .00417 .00403 .00390 .00378 .00366 .00354 .00344
9................................................. .00508 .00490 .00473 .00457 .00442 .00428 .00414 .00402 .00389 .00378
10................................................. .00560 .00541 .00523 .00506 .00490 .00475 .00460 .00446 .00433 .00421
11................................................. .00620 .00600 .00581 .00563 .00546 .00529 .00514 .00499 .00485 .00472
12................................................. .00689 .00668 .00647 .00628 .00610 .00593 .00576 .00560 .00545 .00531
13................................................. .00763 .00740 .00718 .00698 .00678 .00660 .00642 .00626 .00610 .00595
14................................................. .00834 .00810 .00787 .00766 .00745 .00726 .00707 .00689 .00673 .00657
15................................................. .00901 .00875 .00851 .00828 .00807 .00786 .00767 .00748 .00730 .00714
16................................................. .00959 .00932 .00907 .00883 .00860 .00839 .00818 .00799 .00780 .00762
17................................................. .01011 .00983 .00956 .00930 .00907 .00884 .00862 .00842 .00822 .00804
18................................................. .01057 .01027 .00999 .00972 .00947 .00923 .00900 .00879 .00858 .00839
19................................................. .01101 .01070 .01040 .01012 .00985 .00960 .00936 .00914 .00892 .00871
20................................................. .01148 .01115 .01083 .01054 .01026 .00999 .00974 .00950 .00927 .00905
21................................................. .01197 .01162 .01129 .01098 .01068 .01040 .01014 .00988 .00964 .00941
22................................................. .01249 .01211 .01176 .01143 .01112 .01082 .01054 .01027 .01002 .00978
23................................................. .01304 .01264 .01227 .01192 .01159 .01127 .01098 .01069 .01042 .01017
24................................................. .01364 .01322 .01283 .01246 .01210 .01177 .01145 .01115 .01087 .01060
25................................................. .01431 .01387 .01345 .01306 .01268 .01233 .01199 .01168 .01137 .01109
26................................................. .01506 .01459 .01415 .01373 .01333 .01295 .01260 .01226 .01194 .01163
27................................................. .01591 .01541 .01494 .01449 .01407 .01367 .01329 .01293 .01259 .01226
28................................................. .01684 .01631 .01580 .01533 .01488 .01445 .01405 .01367 .01330 .01296
29................................................. .01785 .01728 .01675 .01624 .01577 .01531 .01488 .01447 .01408 .01372
30................................................. .01893 .01833 .01776 .01723 .01672 .01623 .01578 .01534 .01493 .01453
31................................................. .02010 .01946 .01885 .01828 .01773 .01722 .01673 .01627 .01582 .01540
32................................................. .02134 .02066 .02002 .01940 .01883 .01828 .01776 .01726 .01679 .01634
33................................................. .02270 .02197 .02128 .02063 .02002 .01943 .01887 .01835 .01784 .01736
34................................................. .02415 .02338 .02265 .02195 .02130 .02067 .02008 .01951 .01897 .01846
35................................................. .02574 .02492 .02414 .02340 .02270 .02203 .02140 .02080 .02022 .01967
36................................................. .02746 .02658 .02575 .02496 .02422 .02350 .02283 .02218 .02157 .02098
37................................................. .02932 .02838 .02750 .02666 .02586 .02510 .02438 .02369 .02303 .02241
38................................................. .03135 .03035 .02941 .02851 .02766 .02685 .02608 .02534 .02464 .02397
39................................................. .03355 .03249 .03149 .03053 .02962 .02876 .02793 .02715 .02640 .02568
40................................................. .03596 .03484 .03377 .03275 .03178 .03086 .02998 .02914 .02833 .02757
41................................................. .03861 .03742 .03628 .03520 .03416 .03318 .03224 .03134 .03048 .02966
42................................................. .04152 .04025 .03903 .03788 .03678 .03573 .03473 .03377 .03285 .03198
43................................................. .04468 .04333 .04205 .04082 .03965 .03853 .03746 .03644 .03546 .03453
44................................................. .04813 .04670 .04533 .04403 .04278 .04159 .04045 .03936 .03832 .03732
45................................................. .05183 .05032 .04887 .04748 .04616 .04489 .04368 .04252 .04141 .04034
46................................................. .05582 .05421 .05267 .05121 .04980 .04846 .04717 .04593 .04475 .04362
47................................................. .06006 .05836 .05673 .05518 .05369 .05226 .05089 .04958 .04832 .04711
48................................................. .06459 .06279 .06107 .05943 .05785 .05634 .05488 .05349 .05216 .05087
49................................................. .06942 .06752 .06571 .06397 .06230 .06070 .05916 .05768 .05626 .05490
50................................................. .07459 .07259 .07068 .06884 .06708 .06538 .06376 .06219 .06069 .05924
51................................................. .08012 .07801 .07599 .07406 .07220 .07041 .06869 .06703 .06544 .06391
52................................................. .08596 .08375 .08163 .07959 .07763 .07574 .07392 .07218 .07049 .06887
53................................................. .09214 .08982 .08759 .08544 .08338 .08139 .07948 .07763 .07586 .07415
54................................................. .09867 .09623 .09389 .09164 .08946 .08737 .08536 .08342 .08154 .07974
55................................................. .10556 .10301 .10055 .09819 .09591 .09371 .09159 .08955 .08757 .08567
56................................................. .11283 .11016 .10759 .10511 .10272 .10042 .09819 .09605 .09397 .09197
57................................................. .12050 .11771 .11502 .11243 .10993 .10751 .10518 .10293 .10075 .09864
58................................................. .12852 .12562 .12281 .12011 .11749 .11496 .11252 .11016 .10787 .10567
59................................................. .13687 .13385 .13092 .12810 .12537 .12273 .12017 .11770 .11531 .11299
60................................................. .14554 .14240 .13935 .13641 .13356 .13080 .12813 .12555 .12305 .12063
61................................................. .15457 .15130 .14813 .14507 .14210 .13923 .13644 .13375 .13113 .12860
62................................................. .16402 .16063 .15734 .15415 .15107 .14808 .14518 .14237 .13964 .13699
63................................................. .17393 .17042 .16700 .16370 .16049 .15738 .15437 .15144 .14860 .14584
64................................................. .18429 .18065 .17712 .17369 .17036 .16714 .16400 .16096 .15800 .15513
65................................................. .19511 .19135 .18769 .18415 .18070 .17735 .17410 .17094 .16787 .16488
66................................................. .20645 .20257 .19880 .19513 .19157 .18810 .18473 .18146 .17827 .17517
67................................................. .21841 .21441 .21052 .20673 .20305 .19947 .19599 .19259 .18929 .18608
68................................................. .23096 .22685 .22284 .21895 .21515 .21146 .20786 .20436 .20094 .19762
69................................................. .24409 .23987 .23575 .23175 .22784 .22404 .22033 .21672 .21320 .20976
70................................................. .25772 .25339 .24918 .24507 .24106 .23715 .23333 .22961 .22598 .22244
71................................................. .27178 .26735 .26304 .25882 .25471 .25070 .24679 .24296 .23923 .23559
72................................................. .28622 .28170 .27729 .27298 .26877 .26467 .26065 .25673 .25290 .24915
73................................................. .30100 .29639 .29189 .28749 .28320 .27899 .27489 .27087 .26694 .26310
[[Page 23209]]
74................................................. .31621 .31152 .30694 .30246 .29807 .29378 .28959 .28548 .28146 .27753
75................................................. .33195 .32719 .32253 .31797 .31351 .30914 .30486 .30067 .29657 .29255
76................................................. .34832 .34350 .33877 .33415 .32961 .32517 .32082 .31656 .31238 .30828
77................................................. .36535 .36047 .35570 .35101 .34642 .34192 .33750 .33317 .32892 .32475
78................................................. .38302 .37811 .37329 .36856 .36392 .35937 .35490 .35051 .34621 .34198
79................................................. .40124 .39630 .39145 .38669 .38201 .37742 .37291 .36848 .36413 .35985
80................................................. .41980 .41485 .40998 .40520 .40050 .39588 .39134 .38688 .38249 .37818
81................................................. .43854 .43358 .42871 .42392 .41921 .41457 .41001 .40553 .40112 .39678
82................................................. .45733 .45238 .44752 .44273 .43802 .43338 .42881 .42431 .41989 .41553
83................................................. .47616 .47123 .46638 .46161 .45690 .45227 .44770 .44320 .43877 .43441
84................................................. .49519 .49030 .48548 .48073 .47604 .47143 .46688 .46239 .45797 .45361
85................................................. .51458 .50974 .50496 .50025 .49560 .49102 .48650 .48204 .47763 .47329
86................................................. .53413 .52935 .52463 .51998 .51538 .51084 .50636 .50194 .49758 .49327
87................................................. .55351 .54881 .54416 .53957 .53503 .53055 .52613 .52176 .51744 .51317
88................................................. .57268 .56806 .56349 .55898 .55451 .55010 .54574 .54144 .53718 .53296
89................................................. .59162 .58710 .58262 .57819 .57382 .56949 .56520 .56097 .55678 .55263
90................................................. .61030 .60588 .60151 .59718 .59290 .58866 .58447 .58032 .57621 .57214
91................................................. .62834 .62403 .61977 .61554 .61136 .60722 .60312 .59907 .59505 .59107
92................................................. .64527 .64107 .63692 .63280 .62872 .62468 .62068 .61672 .61279 .60890
93................................................. .66107 .65699 .65294 .64893 .64495 .64101 .63711 .63323 .62940 .62559
94................................................. .67597 .67200 .66806 .66415 .66027 .65643 .65262 .64884 .64509 .64138
95................................................. .69031 .68645 .68262 .67881 .67504 .67130 .66759 .66390 .66025 .65662
96................................................. .70396 .70021 .69648 .69279 .68912 .68548 .68186 .67828 .67471 .67118
97................................................. .71670 .71305 .70943 .70584 .70227 .69872 .69520 .69171 .68824 .68480
98................................................. .72875 .72521 .72169 .71819 .71472 .71127 .70784 .70444 .70106 .69770
99................................................. .74065 .73721 .73379 .73040 .72703 .72368 .72035 .71704 .71375 .71048
100................................................. .75234 .74901 .74570 .74241 .73914 .73589 .73265 .72944 .72625 .72307
101................................................. .76399 .76077 .75757 .75438 .75122 .74807 .74494 .74183 .73873 .73565
102................................................. .77552 .77241 .76932 .76625 .76319 .76015 .75712 .75411 .75111 .74813
103................................................. .78703 .78404 .78106 .77809 .77514 .77221 .76929 .76638 .76348 .76060
104................................................. .79948 .79662 .79377 .79093 .78810 .78528 .78248 .77969 .77691 .77414
105................................................. .81159 .80885 .80612 .80340 .80069 .79799 .79530 .79262 .78995 .78729
106................................................. .82763 .82506 .82250 .81995 .81741 .81488 .81235 .80983 .80732 .80482
107................................................. .84749 .84516 .84283 .84051 .83819 .83587 .83356 .83126 .82896 .82666
108................................................. .87999 .87808 .87618 .87428 .87238 .87049 .86859 .86670 .86481 .86293
109................................................. .93900 .93800 .93700 .93600 .93500 .93400 .93300 .93200 .93100 .93000
--------------------------------------------------------------------------------------------------------------------------------------------------------
(f) Effective dates. This section applies after April 30, 1999.
Par. 10. The undesignated center heading immediately preceding
Sec. 1.664-4A is revised to read as follows:
Unitrust Actuarial Tables Applicable Before May 1, 1999
Par. 11. Section 1.664-4A is amended as follows:
1. The section heading is revised.
2. In paragraph (d)(4), the first sentence is revised.
3. In paragraph (d)(6), the introductory text is revised and Table
D is removed.
4. The heading of newly designated paragraph (e) is revised.
5. In newly designated paragraph (e)(1), the first sentence is
revised.
6. Newly designated paragraphs (e)(3) through (e)(5) are revised.
7. In newly designated paragraph (e)(6), the heading and the first
sentence of the introductory text are revised and the last sentence of
introductory text is removed and two new sentences are added in its
place.
8. The heading of Table U(1) is revised.
The addition and revisions read as follows:
Sec. 1.664-4A Valuation of charitable remainder interests for which
the valuation date is before May 1, 1999.
* * * * *
(d) * * *
(4) Period is a term of years. If the period described in
Sec. 1.664-3(a)(5) is a term of years, the factor which is used in
determining the present value of the remainder interest is the factor
under the appropriate adjusted payout rate in Table D in Sec. 1.664-
4(e)(6) that corresponds to the number of years in the term. * * *
* * * * *
(6) Actuarial tables for transfers for which the valuation date is
after November 30, 1983, and before May 1, 1989. Table D in Sec. 1.664-
4(e)(6) and the following tables shall be used in the application of
the provisions of this section:
* * * * *
(e) Valuation of charitable remainder unitrusts having certain
payout sequences for transfers for which the valuation date is after
April 30, 1989, and before May 1, 1999--(1) In general. Except as
otherwise provided in paragraph (e)(2) of this section, in the case of
transfers for which the valuation date is after April 30, 1989, and
before May 1, 1999, the present value of a remainder interest is
determined under paragraphs (e)(3) through (e)(6) of this section,
provided that the amount of the payout as of any payout date during any
taxable year of the trust is not larger than the amount that the trust
could distribute on such date under Sec. 1.664-3(a)(1)(v) if the
taxable year of the trust were to end on such date. * * *
* * * * *
(3) Adjusted payout rate. For transfers for which the valuation
date is after April 30, 1989, and before May 1, 1999, the adjusted
payout rate is determined by using the appropriate Table F, contained
in Sec. 1.664-4(e)(6), for the section 7520 interest rate applicable to
the transfer. If the interest rate is between 4.2 and 14 percent, see
Sec. 1.664-4(e)(6). If the interest rate is below 4.2 percent or
greater than 14 percent, see Sec. 1.664-4(b). See Sec. 1.664-4(e) for
rules applicable in determining the adjusted payout rate.
(4) Period is a term of years. If the period described in
Sec. 1.664-3(a)(5) is a term of years, the factor that is used in
[[Page 23210]]
determining the present value of the remainder interest for transfers
for which the valuation date is after April 30, 1989, and before May 1,
1999, is the factor under the appropriate adjusted payout rate in Table
D in Sec. 1.664-4(e)(6) corresponding to the number of years in the
term. If the adjusted payout rate is an amount that is between adjusted
payout rates for which factors are provided in Table D, a linear
interpolation must be made. The present value of the remainder interest
is determined by multiplying the net fair market value (as of the
appropriate valuation date) of the property placed in trust by the
factor determined under this paragraph. Generally, for purposes of this
section, the valuation date is, in the case of an inter vivos transfer,
the date on which the property is transferred to the trust by the
donor, and, in the case of a testamentary transfer under sections 2055,
2106, or 2624, the valuation date is the date of death. See Sec. 1.664-
4T(e)(4) for additional rules regarding the valuation date. See
Sec. 1.664-4T(e)(4) for an example that illustrates the application of
this paragraph (e)(4).
(5) Period is the life of one individual. If the period described
in Sec. 1.664-3(a)(5) is the life of one individual, the factor that is
used in determining the present value of the remainder interest for
transfers for which the valuation date is after April 30, 1989, and
before May 1, 1999, is the factor in Table U(1) in paragraph (e)(6) of
this section under the appropriate adjusted payout. For purposes of the
computations described in this paragraph (e)(5), the age of an
individual is the age of that individual at the individual's nearest
birthday. If the adjusted payout rate is an amount that is between
adjusted payout rates for which factors are provided in the appropriate
table, a linear interpolation must be made. The rules provided in
Sec. 1.664-4T(e)(5) apply for determining the present value of the
remainder interest. See Sec. 1.664-4T(e)(5) for an example illustrating
the application of this paragraph (e)(5)(using current actuarial
tables).
(6) Actuarial tables for transfers for which the valuation date is
after April 30, 1989, and before May 1, 1999. For transfers for which
the valuation date is after April 30, 1989, and before May 1, 1999, the
present value of a charitable remainder unitrust interest that is
dependent on a term of years or the termination of a life interest is
determined by using the section 7520 rate and Table D, Tables F(4.2)
through F(14.0) in Sec. 1.664-4(e)(6) and Table U(1) of this paragraph
(e)(6), as applicable. * * * Publication 1458 is no longer available
for purchase from the Superintendent of Documents, United States
Government Printing Office, Washington, DC 20402. However, pertinent
factors in this publication may be obtained by a written request to:
CC:DOM:CORP:R (IRS Publication 1458), room 5226, Internal Revenue
Service, POB 7604, Ben Franklin Station, Washington, DC 20044.
Table U(1).--Unitrust Single Life Remainder Factors--Based on Life Table
80CNSMT
[Applicable for Transfers After April 30, 1989, and Before May 1, 1999]
* * * * *
Par. 12. Section 1.7520-1 is amended by:
1. Revising the last two sentences of paragraph (b)(2).
2. Revising the headings for paragraphs (c)(1) and (c)(2).
3. Revising the introductory text of paragraph (c)(2).
4. Removing the first two sentences of paragraph (c)(2)(iii) and
adding one sentence in their place.
5. Revising paragraph (d).
The revisions and addition read as follows:
Sec. 1.7520-1 Valuation of annuities, unitrust interests, interests
for life or terms of years, and remainder or reversionary interests.
* * * * *
(b) * * *
(2) * * * For transactions with valuation dates after April 30,
1989, and before May 1, 1999, the mortality component table (80CNSMT)
is contained in Sec. 20.2031-7A(e)(4) of this chapter. See
Sec. 20.2031-7A(a) through (d) of this chapter for mortality component
tables applicable to transactions for which the valuation date falls
before May 1, 1989.
(c) * * *
(1) Regulations sections containing tables with interest rates
between 4.2 and 14 percent for valuation dates after April 30, 1989,
and before May 1, 1999. * * *
(2) Internal Revenue Service publications containing tables with
interest rates between 2.2 and 26 percent for valuation dates after
April 30, 1989, and before May 1, 1999. The following publications are
no longer available for purchase from the Superintendent of Documents,
however, they may be obtained from CC:DOM:CORP:R, room 5226, Internal
Revenue Service, POB 7604, Ben Franklin Station, Washington, DC 20044:
* * * * *
(iii) Internal Revenue Service Publication 1459, ``Actuarial
Values, Gamma Volume,'' (8-89). * * *
(d) Effective date. This section applies after April 30, 1989, and
before May 1, 1999.
Par. 13. Section 1.7520-1T is added to read as follows:
Sec. 1.7520-1T Valuation of annuities, unitrust interests, interests
for life or terms of years, and remainder or reversionary interests
(temporary).
(a) through (b)(1) [Reserved] For further guidance, see
Sec. 1.7520-1(a) through (b)(1).
(2) Mortality component. The mortality component reflects the
mortality data most recently available from the United States census.
As new mortality data becomes available after each decennial census,
the mortality component described in this section will be revised
periodically and the revised mortality component tables will be
published in the regulations at that time. For transactions with
valuation dates after April 30, 1999, the mortality component table
(Table 90CM) is contained in Sec. 20.2031-7T(d)(7) of this chapter. See
Sec. 20.2031-7A of this chapter for mortality component tables
applicable to transactions for which the valuation date falls before
May 1, 1999.
(c) [Reserved]. For further guidance, see Sec. 1.7520-1(c).
(1) Regulation sections containing tables with interest rates
between 4.2 and 14 percent for valuation dates after April 30, 1999.
Section 1.642(c)-6T(e)(6) contains Table S used for determining the
present value of a single life remainder interest in a pooled income
fund as defined in Sec. 1.642(c)-5. See Sec. 1.642(c)-6A for actuarial
factors for one life applicable to valuation dates before May 1, 1999.
Section 1.664-4(e)(6) contains Table F (payout factors) and Table D
(actuarial factors used in determining the present value of a remainder
interest postponed for a term of years). Section1.664-4T(e)(7) contains
Table U(1) (actuarial factors for one life). These tables are used in
determining the present value of a remainder interest in a charitable
remainder unitrust as defined in Sec. 1.664-3. See Sec. 1.664-4A for
actuarial factors for one life applicable to valuation dates before May
1, 1999. Section 20.2031-7(d)(6) of this chapter contains Table B
(actuarial factors used in determining the present value of an interest
for a term of years), Table K (annuity end-of-interval adjustment
factors), and Table J (term certain annuity beginning-of-interval
adjustment factors). Section 20.2031-7T(d)(7) of this chapter contains
Table
[[Page 23211]]
S (actuarial factors for one life), and Table 90CM (mortality
components). These tables are used in determining the present value of
annuities, life estates, remainders, and reversions. See Sec. 20.2031-
7A of this chapter for actuarial factors for one life and mortality
components applicable to valuation dates before May 1, 1999.
(2) Internal Revenue Service publications containing tables with
interest rates between 2.2 and 26 percent for valuation dates after
April 30, 1999. The following documents are available for purchase from
the Superintendent of Documents, United States Government Printing
Office, Washington, DC 20402:
(i) Internal Revenue Service Publication 1457, ``Actuarial Values,
Book Aleph,'' (1999). This publication includes tables of valuation
factors, as well as examples that show how to compute other valuation
factors, for determining the present value of annuities, life estates,
terms of years, remainders, and reversions, measured by one or two
lives. These factors may also be used in the valuation of interests in
a charitable remainder annuity trust as defined in Sec. 1.664-2 and a
pooled income fund as defined in Sec. 1.642(c)-5.
(ii) Internal Revenue Service Publication 1458, ``Actuarial Values,
Book Beth,'' (1999). This publication includes term certain tables and
tables of one and two life valuation factors for determining the
present value of remainder interests in a charitable remainder unitrust
as defined in Sec. 1.664-3.
(iii) Internal Revenue Service Publication 1459, ``Actuarial
Values, Book Gimel,'' (1999). This publication includes tables for
computing deprecation adjustment factors. See Sec. 1.170A-12T.
(d) Effective date. This section applies after April 30, 1999.
PART 20--ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16,
1954
Par. 14. The authority citation for part 20 is amended by adding
entries in numerical order to read in part as follows:
Authority: 26 U.S.C. 7805 * * *
Section 20.2031-7T also issued under 26 U.S.C. 7520(c)(2). * * *
Section 20.7520-1T also issued under 26 U.S.C. 7520(c)(2). * * *
Par. 15. Section 20.2031-0 is revised to read as follows:
Sec. 20.2031-0 Table of contents.
This section lists the section headings and undesignated center
headings that appear in the regulations under section 2031.
Sec. 20.2031-1 Definition of gross estate; valuation of property.
Sec. 20.2031-2 Valuation of stocks and bonds.
Sec. 20.2031-3 Valuation of interests in businesses.
Sec. 20.2031-4 Valuation of notes.
Sec. 20.2031-5 Valuation of cash on hand or on deposit.
Sec. 20.2031-6 Valuation of household and personal effects.
Sec. 20.2031-7 Valuation of annuities, interests for life or term
of years, and remainder or reversionary interests.
Sec. 20.2031-7T Valuation of annuities, interests for life or term
of years, and remainder or reversionary interests (temporary).
Sec. 20.2031-8 Valuation of certain life insurance and annuity
contracts; valuation of shares in an open-end investment company.
Sec. 20.2031-9 Valuation of other property.
Actuarial Tables Applicable Before May 1, 1999
Sec. 20.2031-7A Valuation of annuities, interests for life or term
of years, and remainder or reversionary interests for estates of
decedents for which the valuation date of the gross estate is before
May 1, 1999.
Par. 16. The undesignated centerheading immediately following
Sec. 20.2046-1 is revised to read as follows:
Actuarial Tables Applicable Before May 1, 1999
Par. 17. Section 20.2031-7A is amended by:
1. Revising the section heading.
2. Adding paragraph (e).
The revision and addition read as follows:
Sec. 20.2031-7A Valuation of annuities, interests for life or term of
years, and remainder or reversionary interests for estates of decedents
for which the valuation date of the gross estate is before May 1, 1999.
* * * * *
(e) Valuation of annuities, interests for life or term of years,
and remainder or reversionary interests for estates of decedents for
which the valuation date of the gross estate is after April 30,1989,
and before May 1, 1999--(1) In general. Except as otherwise provided in
Sec. 20.2031-7(b) and Sec. 20.7520-3(b) (pertaining to certain
limitations on the use of prescribed tables), if the valuation date for
the gross estate of the decedent is after April 30, 1989, and before
May 1, 1999, the fair market value of annuities, life estates, terms of
years, remainders, and reversionary interests is the present value of
the interests determined by use of standard or special section 7520
actuarial factors and the valuation methodology described in
Sec. 20.2031-7T(d). These factors are derived by using the appropriate
section 7520 interest rate and, if applicable, the mortality component
for the valuation date of the interest that is being valued. See
Secs. 20.7520-1 through 20.7520-4. See paragraph (e)(4) of this section
for determination of the appropriate table for use in valuing these
interests.
(2) Transitional rule. (i) If the valuation date is after April 30,
1989, and before June 10, 1994, a taxpayer can rely on Notice 89-24
(1989-1 C.B. 660), or Notice 89-60 (1989-1 C.B. 700 ). See
Sec. 601.601(d)(2)(ii)(b) of this chapter.
(ii) If a decedent dies after April 30, 1989, and if on May 1,
1989, the decedent was mentally incompetent so that the disposition of
the decedent's property could not be changed, and the decedent dies
without having regained competency to dispose of the decedent's
property or dies within 90 days of the date on which the decedent first
regains competency, the fair market value of annuities, life estates,
terms for years, remainders, and reversions included in the gross
estate of the decedent is their present value determined either under
this section or under the corresponding section applicable at the time
the decedent became mentally incompetent, at the option of the
decedent's executor. For example, see paragraph (d) of this section.
(3) Publications and actuarial computations by the Internal Revenue
Service. Many standard actuarial factors not included in paragraph
(e)(4) of this section or in Sec. 20.2031-7(d)(6) are included in
Internal Revenue Service Publication 1457, ``Actuarial Values, Alpha
Volume,'' (8-89). Publication 1457 also includes examples that
illustrate how to compute many special factors for more unusual
situations. Publication 1457 is no longer available for purchase from
the Superintendent of Documents, United States Government Printing
Office, Washington, DC 20402. However, pertinent factors in this
publication may be obtained from: CC:DOM:CORP:R (IRS Publication 1457),
room 5226, Internal Revenue Service, POB 7604, Ben Franklin Station,
Washington, DC 20044. If a special factor is required in the case of an
actual decedent, the Internal Revenue Service may furnish the factor to
the executor upon a request for a ruling. The request for a ruling must
be accompanied by a recitation of the facts including a statement of
the date of birth for each measuring life, the date of the decedent's
death, any other applicable dates, and a copy of the will, trust, or
other relevant documents. A
[[Page 23212]]
request for a ruling must comply with the instructions for requesting a
ruling published periodically in the Internal Revenue Bulletin (see
Secs. 601.201 and 601.601(d)(2)(ii)(b) of this chapter) and include
payment of the required user fee.
(4) Actuarial tables. Except as provided in Sec. 20.7520-3(b)
(pertaining to certain limitations on the use of prescribed tables),
Life Table 80CNSMT and Table S (Single life remainder factors
applicable where the valuation date is after April 30, 1989, and before
May 1, 1999), contained in this paragraph (b)(4), and Table B, Table J,
and Table K set forth in Sec. 20.2031-7(d)(6) must be used in the
application of the provisions of this section when the section 7520
interest rate component is between 4.2 and 14 percent. Table S and
Table 80CNSMT are as follows:
Par. 17a. Section 20.2031-7A is further amended by redesignating
Table S and Table 80CNSMT in Sec. 20.2031-7(d)(6) as Table S and Table
80CNSMT in Sec. 20.2031-7A(e)(4) and revising the table headings to
read as follows:
* * * * *
(e) * * *
(4) * * *
Table S.--Based on Life on Life Table 80CNSMT Single Life Remainder
Factors
[Applicable After April 30, 1989, and Before May 1, 1999]
* * * * *
Table 80CNSMT.--Applicable After April 30, 1989, and Before May 1, 1999
* * * * *
Par. 18. Section 20.2031-7 is amended by:
1. Revising the section heading.
2. Revising paragraphs (c) through (d)(5).
3. Revising paragraph (d)(6) heading and introductory text.
4. Revising paragraph (e).
The revisions read as follows:
Sec. 20.2031-7 Valuation of annuities, interests for life or term of
years, and remainder or reversionary interests.
* * * * *
(c) through (d)(5) [Reserved]. For further guidance, see
Sec. 20.2031-7T(c) through (d)(5).
(d)(6) Actuarial Table B, Table J, and Table K where the valuation
date is after April 30, 1989. Except as provided in Sec. 20.7520-3(b)
(pertaining to certain limitations on prescribed tables), the tables in
this paragraph (d)(6) and either Table S and Table 80CNSMT in
Sec. 20.2031-7A(e)(4) (for valuation dates after April 30, 1989, and
before May 1, 1999), or Table S and Table 90CM in Sec. 20.2031-7T(d)(7)
(for valuation dates after May 1, 1999) must be used in the application
of the provisions of this section when the section 7520 interest rate
component is between 4.2 and 14 percent.
* * * * *
(e) Effective date. This section applies after April 30, 1989, and
before May 1, 1999.
Par. 19. Section 20.2031-7T is added to read as follows:
Sec. 20.2031-7T Valuation of annuities, interests for life or term of
years, and remainder or reversionary interests (temporary).
(a) through (b) [Reserved]. For further information see
Sec. 20.2031-7(a) through (b).
(c) Actuarial valuations. The present value of annuities, life
estates, terms of years, remainders, and reversions for estates of
decedents for which the valuation date of the gross estate is after
April 30, 1999, is determined under paragraph (d) of this section. The
present value of annuities, life estates, terms of years, remainders,
and reversions for estates of decedents for which the valuation date of
the gross estate is before May 1, 1999, is determined under the
following sections:
------------------------------------------------------------------------
Applicable
Valuation date --------------------------------------
After Before section
------------------------------------------------------------------------
01-01-52 20.2031-7A(a).
12-31-51......................... 01-01-71 20.2031-7A(b).
12-31-70......................... 12-01-83 20.2031-7A(c).
11-30-83......................... 05-01-89 20.2031-7A(d).
04-30-89......................... 05-01-99 20.2031-7A(e).
------------------------------------------------------------------------
(d) Actuarial valuations after April 30, 1999--(1) In general.
Except as otherwise provided in paragraph (b) of this section and
Sec. 20.7520-3(b) (pertaining to certain limitations on the use of
prescribed tables), if the valuation date for the gross estate of the
decedent is after April 30, 1999, the fair market value of annuities,
life estates, terms of years, remainders, and reversionary interests is
the present value determined by use of standard or special section 7520
actuarial factors. These factors are derived by using the appropriate
section 7520 interest rate and, if applicable, the mortality component
for the valuation date of the interest that is being valued. See
Secs. 20.7520-1 through 20.7520-4.
(2) Specific interests--(i) Charitable remainder trusts. The fair
market value of a remainder interest in a pooled income fund, as
defined in Sec. 1.642(c)-5 of this chapter, is its value determined
under Sec. 1.642(c)-6T(e) of this chapter. The fair market value of a
remainder interest in a charitable remainder annuity trust, as defined
in Sec. 1.664-2(a) of this chapter, is the present value determined
under Sec. 1.664-2(c) of this chapter. The fair market value of a
remainder interest in a charitable remainder unitrust, as defined in
Sec. 1.664-3 of this chapter, is its present value determined under
Sec. 1.664-4T(e) of this chapter. The fair market value of a life
interest or term of years in a charitable remainder unitrust is the
fair market value of the property as of the date of valuation less the
fair market value of the remainder interest on that date determined
under Sec. 1.664-4T(e)(4) and (5) of this chapter.
(ii) Ordinary remainder and reversionary interests. If the interest
to be valued is to take effect after a definite number of years or
after the death of one individual, the present value of the interest is
computed by multiplying the value of the property by the appropriate
remainder interest actuarial factor (that corresponds to the applicable
section 7520 interest rate and remainder interest period) in Table B
(for a term certain) or the appropriate Table S (for one measuring
life), as the case may be. Table B is contained in Sec. 20.2031-7(d)(6)
and Table S (for one measuring life when the valuation date is after
April 30, 1999) is contained in paragraph (d)(7) of this section and in
Internal Revenue Service Publication 1457. For information about
obtaining actuarial factors for other types of remainder interests, see
paragraph (d)(4) of this section.
(iii) Ordinary term-of-years and life interests. If the interest to
be valued is the right of a person to receive the income of certain
property, or to use certain nonincome-producing property, for a term of
years or for the life of one individual, the present value of the
interest is computed by multiplying the value of the property by the
appropriate term-of-years or life interest actuarial factor (that
corresponds to the applicable section 7520 interest rate and term-of-
years or life interest period). Internal Revenue Service Publication
1457 includes actuarial factors for an interest for a term of years in
Table B and for the life of one individual in Table S (for one
measuring life when the valuation date is after April 30, 1999).
However, term-of-years and life interest actuarial factors are not
included in Table B in Sec. 20.2031-7(d)(6) or Table S in paragraph
(d)(7) of this section. If Internal Revenue Service Publication
[[Page 23213]]
1457 (or any other reliable source of term-of-years and life interest
actuarial factors) is not conveniently available, an actuarial factor
for the interest may be derived mathematically. This actuarial factor
may be derived by subtracting the correlative remainder factor (that
corresponds to the applicable section 7520 interest rate and the term
of years or the life) in Table B (for a term of years) in Sec. 20.2031-
7(d)(6) or in Table S (for the life of one individual) in paragraph
(d)(7) of this section, as the case may be, from 1.000000. For
information about obtaining actuarial factors for other types of term-
of-years and life interests, see paragraph (d)(4) of this section.
(iv) Annuities. (A) If the interest to be valued is the right of a
person to receive an annuity that is payable at the end of each year
for a term of years or for the life of one individual, the present
value of the interest is computed by multiplying the aggregate amount
payable annually by the appropriate annuity actuarial factor (that
corresponds to the applicable section 7520 interest rate and annuity
period). Internal Revenue Publication 1457 includes actuarial factors
in Table B (for an annuity payable for a term of years) and in Table S
(for an annuity payable for the life of one individual when the
valuation date is after April 30, 1999). However, annuity actuarial
factors are not included in Table B in Sec. 20.2031-7(d)(6) or Table S
in paragraph (d)(7) of this section. If Internal Revenue Service
Publication 1457 (or any other reliable source of annuity actuarial
factors) is not conveniently available, a required annuity factor for a
term of years or for one life may be mathematically derived. This
annuity factor may be derived by subtracting the applicable remainder
factor (that corresponds to the applicable section 7520 interest rate
and annuity period) in Table B (in the case of a term-of-years annuity)
in Sec. 20.2031-7(d)(6) or in Table S (in the case of a one-life
annuity when the valuation date is after April 30, 1999) in paragraph
(d)(7) of this section, as the case may be, from 1.000000 and then
dividing the result by the applicable section 7520 interest rate
expressed as a decimal number.
(B) If the annuity is payable at the end of semiannual, quarterly,
monthly, or weekly periods, the product obtained by multiplying the
annuity factor by the aggregate amount payable annually is then
multiplied by the applicable adjustment factor as contained in Table K
in Sec. 20.2031-7(d)(6) for payments made at the end of the specified
periods. The provisions of this paragraph (d)(2)(iv)(B) are illustrated
by the following example:
Example. At the time of the decedent's death, the survivor/
annuitant, age 72, is entitled to receive an annuity of $15,000 a
year for life payable in equal monthly installments at the end of
each period. The section 7520 rate for the month in which the
decedent died is 9.6 percent. Under Table S in paragraph (d)(7) of
this section, the remainder factor at 9.6 percent for an individual
aged 72 is .38438. By converting the remainder factor to an annuity
factor, as described above, the annuity factor at 9.6 percent for an
individual aged 72 is 6.4127 (1.00000 minus .38438, divided by
.096). Under Table K in Sec. 20.2031-7(d)(6), the adjustment factor
under the column for payments made at the end of each monthly period
at the rate of 9.6 percent is 1.0433. The aggregate annual amount,
$15,000, is multiplied by the factor 6.4127 and the product
multiplied by 1.0433. The present value of the annuity at the date
of the decedent's death is, therefore, $100,355.55 ($15,000 x 6.4127
x 1.0433).
(C) If an annuity is payable at the beginning of annual,
semiannual, quarterly, monthly, or weekly periods for a term of years,
the value of the annuity is computed by multiplying the aggregate
amount payable annually by the annuity factor described in paragraph
(d)(2)(iv)(A) of this section; and the product so obtained is then
multiplied by the adjustment factor in Table J in Sec. 20.2031-7(d)(6)
at the appropriate interest rate component for payments made at the
beginning of specified periods. If an annuity is payable at the
beginning of annual, semiannual, quarterly, monthly, or weekly periods
for one or more lives, the value of the annuity is the sum of the first
payment plus the present value of a similar annuity, the first payment
of which is not to be made until the end of the payment period,
determined as provided in this paragraph (d)(2)(iv).
(v) Annuity and unitrust interests for a term of years or until the
prior death of an individual. See Sec. 25.2512-5T(d)(2)(v) of this
chapter for examples explaining how to compute the present value of an
annuity or unitrust interest that is payable until the earlier of the
lapse of a specific number of years or the death of an individual.
(3) Transitional rule. (i) If a decedent dies after April 30, 1999,
and if on May 1, 1999, the decedent was mentally incompetent so that
the disposition of the decedent's property could not be changed, and
the decedent dies without having regained competency to dispose of the
decedent's property or dies within 90 days of the date on which the
decedent first regains competency, the fair market value of annuities,
life estates, terms for years, remainders, and reversions included in
the gross estate of the decedent is their present value determined
either under this section or under the corresponding section applicable
at the time the decedent became mentally incompetent, at the option of
the decedent's executor. For example, see Sec. 20.2031-7A(e)(2).
(ii) If a decedent dies after April 30, 1999, and before July 1,
1999, the fair market value of annuities, life estates, remainders, and
reversions based on one or more measuring lives included in the gross
estate of the decedent is their present value determined under this
section by use of the section 7520 interest rate for the month in which
the valuation date occurs (See Secs. 20.7520-1(b) and 20.7520-2(a)(2))
and the appropriate actuarial tables under either paragraph (d)(7) of
this section or Sec. 20.2031-7A(e)(4), at the option of the decedent's
executor.
(iii) For purposes of paragraphs (d)(3) (i) and (ii) of this
section, where the decedent's executor is given the option to use the
appropriate actuarial tables under either paragraph (d)(7) of this
section or Sec. 20.2031-7A(e)(4), the decedent's executor must use the
same actuarial table with respect to each individual transaction and
with respect to all transfers occurring on the valuation date (e.g.,
gift and income tax charitable deductions with respect to the same
transfer must be determined based on the same tables, and all assets
includible in the gross estate and/or estate tax deductions claimed
must be valued based on the same tables).
(4) Publications and actuarial computations by the Internal Revenue
Service. Many standard actuarial factors not included in Sec. 20.2031-
7(d)(6) or in paragraph (d)(7) of this section are included in Internal
Revenue Service Publication 1457, ``Actuarial Values, Book Aleph,''
(1999). Publication 1457 also includes examples that illustrate how to
compute many special factors for more unusual situations. A copy of
this publication is available for purchase from the Superintendent of
Documents, United States Government Printing Office, Washington, DC
20402. If a special factor is required in the case of an actual
decedent, the Internal Revenue Service may furnish the factor to the
executor upon a request for a ruling. The request for a ruling must be
accompanied by a recitation of the facts including a statement of the
date of birth for each measuring life, the date of the decedent's
death, any other applicable dates, and a copy of the will, trust, or
other relevant documents. A request for a ruling must comply with the
instructions for requesting a ruling published periodically in the
Internal
[[Page 23214]]
Revenue Bulletin (see Secs. 601.201 and 601.601(d)(2)(ii)(b) of this
chapter) and include payment of the required user fee.
(5) Examples. The provisions of this section are illustrated by the
following examples:
Example 1. Remainder payable at an individual's death. The
decedent, or the decedent's estate, was entitled to receive certain
property worth $50,000 upon the death of A, to whom the income was
bequeathed for life. At the time of the decedent's death, A was 47
years 5 months old. In the month in which the decedent died, the
section 7520 rate was 9.8 percent. Under Table S in paragraph (d)(7)
of this section, the remainder factor at 9.8 percent for determining
the present value of the remainder interest due at the death of a
person aged 47, the number of years nearest A's actual age at the
decedent's death, is .10317. The present value of the remainder
interest at the date of the decedent's death is, therefore,
$5,158.50 ($50,000 x .10317).
Example 2. Income payable for an individual's life. A's parent
bequeathed an income interest in property to A for life, with the
remainder interest passing to B at A's death. At the time of the
parent's death, the value of the property was $50,000 and A was 30
years 10 months old. The section 7520 rate at the time of the
parent's death was 10.2 percent. Under Table S in paragraph (d)(7)
of this section, the remainder factor at 10.2 percent for
determining the present value of the remainder interest due at the
death of a person aged 31, the number of years closest to A's age at
the decedent's death, is .03583. Converting this remainder factor to
an income factor, as described in paragraph (d)(2)(iii) of this
section, the factor for determining the present value of an income
interest for the life of a person aged 31 is .96417. The present
value of A's interest at the time of the parent's death is,
therefore, $48,208.50 ($50,000 x .96417).
Example 3. Annuity payable for an individual's life. A purchased
an annuity for the benefit of both A and B. Under the terms of the
annuity contract, at A's death, a survivor annuity of $10,000 a year
payable in equal semiannual installments made at the end of each
interval is payable to B for life. At A's death, B was 45 years 7
months old. Also, at A's death, the section 7520 rate was 9.6
percent. Under Table S in paragraph (d)(7) of this section, the
factor at 9.6 percent for determining the present value of the
remainder interest at the death of a person age 46 (the number of
years nearest B's actual age) is .10013. By converting the factor to
an annuity factor, as described in paragraph (d)(2)(iv)(A) of this
section, the factor for the present value of an annuity payable
until the death of a person age 46 is 9.3736 (1.00000 minus .10013,
divided by .096). The adjustment factor from Table K in
Sec. 20.2031-7(d)(6) at an interest rate of 9.6 percent for
semiannual annuity payments made at the end of the period is 1.0235.
The present value of the annuity at the date of A's death is,
therefore, $95,938.80 ($10,000 x 9.3736 x 1.0235).
Example 4. Annuity payable for a term of years. The decedent, or
the decedent's estate, was entitled to receive an annuity of $10,000
a year payable in equal quarterly installments at the end of each
quarter throughout a term certain. At the time of the decedent's
death, the section 7520 rate was 9.8 percent. A quarterly payment
had just been made prior to the decedent's death and payments were
to continue for 5 more years. Under Table B in Sec. 20.2031-7(d)(6)
for the interest rate of 9.8 percent, the factor for the present
value of a remainder interest due after a term of 5 years is
.626597. Converting the factor to an annuity factor, as described in
paragraph (d)(2)(iv)(A) of this section, the factor for the present
value of an annuity for a term of 5 years is 3.8102. The adjustment
factor from Table K in Sec. 20.2031-7(d)(6) at an interest rate of
9.8 percent for quarterly annuity payments made at the end of the
period is 1.0360. The present value of the annuity is, therefore,
$39,473.67 ($10,000 x 3.8102 x 1.0360).
(6) [Reserved]. For further guidance, see Sec. 20.2031-7(d)(6).
(7) Actuarial Table S and Table 90CM where the valuation date is
after April 30, 1999. Except as provided in Sec. 20.7520-2(b)
(pertaining to certain limitations on the use of prescribed tables),
the following Table 90CM and Table S (single life remainder factors
applicable where the valuation date is after April 30, 1999) and Table
B, Table J, and Table K contained in Sec. 20.2031-7(d)(6), must be used
in the application of the provisions of this section when the section
7520 interest rate component is between 4.2 and 14 percent.
Table S.--Single Life Remainder Factors Applicable After April 30, 1999
Based on Life Table 90CM
[Interest rate]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 4.2% 4.4% 4.6% 4.8% 5.0% 5.2% 5.4% 5.6% 5.8% 6.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .06752 .06130 .05586 .05109 .04691 .04322 .03998 .03711 .03458 .03233
1................................................. .06137 .05495 .04932 .04438 .04003 .03620 .03283 .02985 .02721 .02487
2................................................. .06325 .05667 .05088 .04580 .04132 .03737 .03388 .03079 .02806 .02563
3................................................. .06545 .05869 .05275 .04752 .04291 .03883 .03523 .03203 .02920 .02668
4................................................. .06784 .06092 .05482 .04944 .04469 .04048 .03676 .03346 .03052 .02791
5................................................. .07040 .06331 .05705 .05152 .04662 .04229 .03845 .03503 .03199 .02928
6................................................. .07310 .06583 .05941 .05372 .04869 .04422 .04025 .03672 .03357 .03076
7................................................. .07594 .06849 .06191 .05607 .05089 .04628 .04219 .03854 .03528 .03236
8................................................. .07891 .07129 .06453 .05853 .05321 .04846 .04424 .04046 .03709 .03407
9................................................. .08203 .07423 .06731 .06115 .05567 .05079 .04643 .04253 .03904 .03592
10................................................. .08532 .07734 .07024 .06392 .05829 .05326 .04877 .04474 .04114 .03790
11................................................. .08875 .08059 .07331 .06683 .06104 .05587 .05124 .04709 .04336 .04002
12................................................. .09233 .08398 .07653 .06989 .06394 .05862 .05385 .04957 .04572 .04226
13................................................. .09601 .08748 .07985 .07304 .06693 .06146 .05655 .05214 .04816 .04458
14................................................. .09974 .09102 .08322 .07624 .06997 .06435 .05929 .05474 .05064 .04694
15................................................. .10350 .09460 .08661 .07946 .07303 .06725 .06204 .05735 .05312 .04930
16................................................. .10728 .09818 .09001 .08268 .07608 .07014 .06479 .05996 .05559 .05164
17................................................. .11108 .10179 .09344 .08592 .07916 .07306 .06755 .06257 .05807 .05399
18................................................. .11494 .10545 .09691 .08921 .08227 .07601 .07034 .06521 .06057 .05636
19................................................. .11889 .10921 .10047 .09259 .08548 .07904 .07322 .06794 .06315 .05880
20................................................. .12298 .11310 .10417 .09610 .08881 .08220 .07622 .07078 .06584 .06135
21................................................. .12722 .11713 .10801 .09976 .09228 .08550 .07935 .07375 .06866 .06403
22................................................. .13159 .12130 .11199 .10354 .09588 .08893 .08260 .07685 .07160 .06682
23................................................. .13613 .12563 .11612 .10748 .09964 .09250 .08601 .08009 .07468 .06975
24................................................. .14084 .13014 .12043 .11160 .10357 .09625 .08958 .08349 .07793 .07284
25................................................. .14574 .13484 .12493 .11591 .10768 .10018 .09334 .08708 .08135 .07611
26................................................. .15084 .13974 .12963 .12041 .11199 .10431 .09728 .09085 .08496 .07956
27................................................. .15615 .14485 .13454 .12513 .11652 .10865 .10144 .09484 .08878 .08322
28................................................. .16166 .15016 .13965 .13004 .12124 .11319 .10580 .09901 .09279 .08706
29................................................. .16737 .15567 .14497 .13516 .12617 .11792 .11035 .10339 .09699 .09109
[[Page 23215]]
30................................................. .17328 .16138 .15048 .14047 .13129 .12286 .11510 .10796 .10138 .09532
31................................................. .17938 .16728 .15618 .14599 .13661 .12799 .12004 .11272 .10597 .09974
32................................................. .18568 .17339 .16210 .15171 .14214 .13333 .12520 .11769 .11076 .10435
33................................................. .19220 .17972 .16824 .15766 .14790 .13889 .13058 .12289 .11578 .10920
34................................................. .19894 .18627 .17460 .16383 .15388 .14468 .13618 .12831 .12102 .11426
35................................................. .20592 .19307 .18121 .17025 .16011 .15073 .14204 .13399 .12652 .11958
36................................................. .21312 .20010 .18805 .17691 .16658 .15701 .14814 .13990 .13225 .12514
37................................................. .22057 .20737 .19514 .18382 .17331 .16356 .15450 .14608 .13825 .13096
38................................................. .22827 .21490 .20251 .19100 .18031 .17038 .16113 .15253 .14452 .13705
39................................................. .23623 .22270 .21013 .19845 .18759 .17747 .16805 .15927 .15108 .14344
40................................................. .24446 .23078 .21805 .20620 .19516 .18487 .17527 .16631 .15795 .15013
41................................................. .25298 .23915 .22626 .21425 .20305 .19259 .18282 .17368 .16514 .15715
42................................................. .26178 .24782 .23478 .22262 .21125 .20062 .19069 .18138 .17267 .16450
43................................................. .27087 .25678 .24360 .23129 .21977 .20898 .19888 .18941 .18053 .17220
44................................................. .28025 .26603 .25273 .24027 .22860 .21766 .20740 .19777 .18873 .18023
45................................................. .28987 .27555 .26212 .24953 .23772 .22664 .21622 .20644 .19724 .18858
46................................................. .29976 .28533 .27179 .25908 .24714 .23591 .22536 .21542 .20606 .19725
47................................................. .30987 .29535 .28171 .26889 .25682 .24546 .23476 .22468 .21518 .20621
48................................................. .32023 .30563 .29190 .27897 .26678 .25530 .24447 .23425 .22460 .21549
49................................................. .33082 .31615 .30234 .28931 .27702 .26543 .25447 .24412 .23434 .22509
50................................................. .34166 .32694 .31306 .29995 .28756 .27586 .26479 .25432 .24441 .23502
51................................................. .35274 .33798 .32404 .31085 .29838 .28658 .27541 .26482 .25479 .24528
52................................................. .36402 .34924 .33525 .32200 .30946 .29757 .28630 .27561 .26547 .25584
53................................................. .37550 .36070 .34668 .33339 .32078 .30882 .29746 .28667 .27643 .26669
54................................................. .38717 .37237 .35833 .34500 .33234 .32031 .30888 .29801 .28766 .27782
55................................................. .39903 .38424 .37019 .35683 .34413 .33205 .32056 .30961 .29918 .28925
56................................................. .41108 .39631 .38227 .36890 .35617 .34405 .33250 .32149 .31099 .30097
57................................................. .42330 .40857 .39455 .38118 .36844 .35629 .34469 .33363 .32306 .31297
58................................................. .43566 .42098 .40699 .39364 .38089 .36873 .35710 .34600 .33538 .32522
59................................................. .44811 .43351 .41956 .40623 .39350 .38133 .36968 .35855 .34789 .33768
60................................................. .46066 .44613 .43224 .41896 .40624 .39408 .38243 .37127 .36058 .35033
61................................................. .47330 .45887 .44505 .43182 .41914 .40699 .39535 .38418 .37347 .36318
62................................................. .48608 .47175 .45802 .44485 .43223 .42011 .40848 .39732 .38660 .37629
63................................................. .49898 .48478 .47115 .45807 .44550 .43343 .42184 .41069 .39997 .38966
64................................................. .51200 .49793 .48442 .47143 .45895 .44694 .43539 .42427 .41357 .40326
65................................................. .52512 .51121 .49782 .48495 .47255 .46062 .44912 .43805 .42738 .41709
66................................................. .53835 .52461 .51137 .49862 .48634 .47449 .46307 .45206 .44143 .43118
67................................................. .55174 .53818 .52511 .51250 .50034 .48860 .47727 .46633 .45576 .44556
68................................................. .56524 .55188 .53899 .52654 .51452 .50291 .49168 .48083 .47034 .46020
69................................................. .57882 .56568 .55299 .54071 .52885 .51737 .50627 .49552 .48513 .47506
70................................................. .59242 .57951 .56703 .55495 .54325 .53193 .52096 .51034 .50004 .49007
71................................................. .60598 .59332 .58106 .56918 .55767 .54651 .53569 .52520 .51503 .50516
72................................................. .61948 .60707 .59504 .58338 .57206 .56108 .55043 .54009 .53004 .52029
73................................................. .63287 .62073 .60895 .59751 .58640 .57561 .56513 .55495 .54505 .53543
74................................................. .64621 .63435 .62282 .61162 .60073 .59015 .57985 .56984 .56009 .55061
75................................................. .65953 .64796 .63671 .62575 .61510 .60473 .59463 .58480 .57523 .56591
76................................................. .67287 .66160 .65063 .63995 .62954 .61940 .60952 .59989 .59050 .58135
77................................................. .68622 .67526 .66459 .65419 .64404 .63415 .62450 .61509 .60590 .59694
78................................................. .69954 .68892 .67856 .66845 .65858 .64895 .63955 .63036 .62140 .61264
79................................................. .71278 .70250 .69246 .68265 .67308 .66372 .65457 .64563 .63690 .62836
80................................................. .72581 .71588 .70618 .69668 .68740 .67833 .66945 .66077 .65227 .64396
81................................................. .73857 .72899 .71962 .71045 .70147 .69268 .68408 .67566 .66741 .65933
82................................................. .75101 .74178 .73274 .72389 .71522 .70672 .69840 .69024 .68225 .67441
83................................................. .76311 .75423 .74553 .73700 .72864 .72044 .71240 .70451 .69678 .68919
84................................................. .77497 .76645 .75809 .74988 .74183 .73393 .72618 .71857 .71110 .70377
85................................................. .78665 .77848 .77047 .76260 .75487 .74728 .73982 .73250 .72530 .71823
86................................................. .79805 .79025 .78258 .77504 .76764 .76036 .75320 .74617 .73925 .73245
87................................................. .80904 .80159 .79427 .78706 .77998 .77301 .76615 .75940 .75277 .74624
88................................................. .81962 .81251 .80552 .79865 .79188 .78521 .77865 .77220 .76584 .75958
89................................................. .82978 .82302 .81636 .80980 .80335 .79699 .79072 .78455 .77847 .77248
90................................................. .83952 .83309 .82676 .82052 .81437 .80831 .80234 .79645 .79064 .78492
91................................................. .84870 .84260 .83658 .83064 .82479 .81902 .81332 .80771 .80217 .79671
92................................................. .85716 .85136 .84563 .83998 .83441 .82891 .82348 .81812 .81283 .80761
93................................................. .86494 .85942 .85396 .84858 .84326 .83801 .83283 .82771 .82266 .81767
94................................................. .87216 .86690 .86170 .85657 .85149 .84648 .84153 .83664 .83181 .82704
95................................................. .87898 .87397 .86902 .86412 .85928 .85450 .84977 .84510 .84049 .83592
96................................................. .88537 .88060 .87587 .87121 .86659 .86203 .85751 .85305 .84864 .84427
97................................................. .89127 .88672 .88221 .87775 .87335 .86898 .86467 .86040 .85618 .85200
98................................................. .89680 .89245 .88815 .88389 .87968 .87551 .87138 .86730 .86326 .85926
99................................................. .90217 .89803 .89393 .88987 .88585 .88187 .87793 .87402 .87016 .86633
100................................................. .90738 .90344 .89953 .89567 .89183 .88804 .88428 .88056 .87687 .87322
101................................................. .91250 .90876 .90504 .90137 .89772 .89412 .89054 .88699 .88348 .88000
102................................................. .91751 .91396 .91045 .90696 .90350 .90007 .89668 .89331 .88997 .88666
103................................................. .92247 .91912 .91579 .91249 .90922 .90598 .90276 .89957 .89640 .89326
[[Page 23216]]
104................................................. .92775 .92460 .92148 .91839 .91532 .91227 .90924 .90624 .90326 .90031
105................................................. .93290 .92996 .92704 .92415 .92127 .91841 .91558 .91276 .90997 .90719
106................................................. .93948 .93680 .93415 .93151 .92889 .92628 .92370 .92113 .91857 .91604
107................................................. .94739 .94504 .94271 .94039 .93808 .93579 .93351 .93124 .92899 .92675
108................................................. .95950 .95767 .95585 .95404 .95224 .95045 .94867 .94689 .94512 .94336
109................................................. .97985 .97893 .97801 .97710 .97619 .97529 .97438 .97348 .97259 .97170
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 7.8% 8.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .03034 .02857 .02700 .02559 .02433 .02321 .02220 .02129 .02047 .01973
1................................................. .02279 .02094 .01929 .01782 .01650 .01533 .01427 .01331 .01246 .01168
2................................................. .02347 .02155 .01983 .01829 .01692 .01569 .01458 .01358 .01268 .01187
3................................................. .02444 .02243 .02065 .01905 .01761 .01632 .01516 .01412 .01317 .01232
4................................................. .02558 .02349 .02163 .01996 .01846 .01712 .01590 .01481 .01382 .01292
5................................................. .02686 .02469 .02275 .02101 .01945 .01804 .01677 .01562 .01458 .01364
6................................................. .02825 .02600 .02398 .02217 .02053 .01906 .01773 .01653 .01544 .01445
7................................................. .02976 .02742 .02532 .02343 .02172 .02019 .01880 .01754 .01640 .01536
8................................................. .03137 .02894 .02675 .02479 .02301 .02140 .01995 .01864 .01744 .01635
9................................................. .03311 .03059 .02832 .02627 .02442 .02274 .02122 .01985 .01859 .01745
10................................................. .03499 .03237 .03001 .02788 .02595 .02420 .02262 .02118 .01987 .01867
11................................................. .03700 .03428 .03183 .02961 .02760 .02578 .02413 .02262 .02125 .02000
12................................................. .03913 .03632 .03377 .03146 .02937 .02748 .02575 .02418 .02275 .02144
13................................................. .04135 .03843 .03579 .03339 .03122 .02924 .02744 .02580 .02431 .02294
14................................................. .04359 .04057 .03783 .03534 .03308 .03102 .02915 .02744 .02587 .02444
15................................................. .04584 .04270 .03986 .03728 .03493 .03279 .03083 .02905 .02742 .02593
16................................................. .04806 .04482 .04187 .03919 .03674 .03452 .03248 .03063 .02892 .02736
17................................................. .05029 .04692 .04387 .04108 .03855 .03623 .03411 .03218 .03040 .02877
18................................................. .05253 .04905 .04588 .04299 .04036 .03795 .03574 .03373 .03187 .03017
19................................................. .05484 .05124 .04796 .04496 .04222 .03972 .03742 .03532 .03339 .03161
20................................................. .05726 .05354 .05013 .04702 .04418 .04158 .03919 .03700 .03498 .03313
21................................................. .05980 .05595 .05242 .04920 .04625 .04354 .04105 .03877 .03667 .03473
22................................................. .06246 .05847 .05482 .05147 .04841 .04559 .04301 .04063 .03844 .03642
23................................................. .06524 .06112 .05734 .05387 .05069 .04777 .04508 .04260 .04032 .03821
24................................................. .06819 .06392 .06001 .05642 .05312 .05008 .04728 .04470 .04232 .04012
25................................................. .07131 .06690 .06285 .05913 .05570 .05255 .04964 .04695 .04447 .04218
26................................................. .07460 .07005 .06586 .06200 .05845 .05518 .05215 .04936 .04677 .04438
27................................................. .07810 .07340 .06907 .06508 .06140 .05800 .05485 .05195 .04925 .04676
28................................................. .08179 .07693 .07246 .06833 .06451 .06098 .05772 .05469 .05189 .04929
29................................................. .08566 .08065 .07603 .07176 .06780 .06414 .06075 .05761 .05469 .05198
30................................................. .08973 .08456 .07978 .07536 .07127 .06748 .06396 .06069 .05766 .05483
31................................................. .09398 .08865 .08372 .07915 .07491 .07098 .06733 .06394 .06078 .05785
32................................................. .09843 .09294 .08785 .08313 .07875 .07468 .07089 .06737 .06409 .06103
33................................................. .10310 .09745 .09220 .08732 .08279 .07858 .07466 .07100 .06759 .06441
34................................................. .10799 .10217 .09676 .09173 .08705 .08269 .07862 .07483 .07129 .06798
35................................................. .11314 .10715 .10157 .09638 .09155 .08704 .08283 .07890 .07522 .07179
36................................................. .11852 .11236 .10662 .10127 .09628 .09162 .08726 .08319 .07938 .07581
37................................................. .12416 .11783 .11193 .10641 .10126 .09645 .09194 .08772 .08377 .08006
38................................................. .13009 .12359 .11751 .11183 .10652 .10155 .09689 .09253 .08843 .08459
39................................................. .13629 .12962 .12338 .11753 .11206 .10693 .10212 .09761 .09337 .08938
40................................................. .14281 .13597 .12955 .12355 .11791 .11262 .10766 .10299 .09860 .09447
41................................................. .14966 .14264 .13606 .12989 .12409 .11864 .11352 .10870 .10417 .09989
42................................................. .15685 .14966 .14291 .13657 .13061 .12500 .11972 .11475 .11006 .10564
43................................................. .16437 .15702 .15010 .14360 .13747 .13171 .12627 .12115 .11631 .11174
44................................................. .17224 .16472 .15764 .15098 .14469 .13876 .13317 .12789 .12290 .11819
45................................................. .18042 .17274 .16550 .15867 .15223 .14615 .14040 .13496 .12982 .12496
46................................................. .18893 .18110 .17370 .16671 .16011 .15387 .14796 .14238 .13708 .13207
47................................................. .19775 .18975 .18220 .17505 .16830 .16190 .15584 .15010 .14466 .13950
48................................................. .20688 .19873 .19102 .18373 .17682 .17027 .16406 .15817 .15258 .14727
49................................................. .21633 .20804 .20018 .19274 .18568 .17898 .17262 .16658 .16084 .15539
50................................................. .22612 .21769 .20969 .20210 .19490 .18805 .18155 .17536 .16948 .16388
51................................................. .23625 .22769 .21955 .21182 .20448 .19749 .19084 .18452 .17849 .17275
52................................................. .24669 .23799 .22973 .22186 .21438 .20726 .20047 .19400 .18784 .18196
53................................................. .25742 .24861 .24022 .23222 .22461 .21735 .21043 .20383 .19753 .19151
54................................................. .26845 .25952 .25101 .24290 .23516 .22777 .22072 .21399 .20756 .20140
55................................................. .27978 .27074 .26212 .25389 .24604 .23853 .23136 .22450 .21793 .21166
56................................................. .29140 .28227 .27355 .26522 .25725 .24963 .24233 .23535 .22867 .22227
57................................................. .30333 .29411 .28529 .27686 .26879 .26106 .25365 .24656 .23976 .23324
58................................................. .31551 .30621 .29731 .28878 .28061 .27278 .26528 .25807 .25116 .24453
59................................................. .32790 .31854 .30956 .30095 .29269 .28477 .27716 .26986 .26284 .25610
60................................................. .34050 .33107 .32202 .31334 .30500 .29699 .28929 .28190 .27478 .26794
61................................................. .35331 .34384 .33473 .32598 .31757 .30948 .30170 .29422 .28701 .28007
62................................................. .36639 .35688 .34772 .33892 .33044 .32229 .31443 .30687 .29958 .29255
63................................................. .37974 .37020 .36101 .35216 .34363 .33542 .32750 .31986 .31250 .30539
64................................................. .39334 .38378 .37456 .36568 .35711 .34884 .34087 .33317 .32574 .31857
[[Page 23217]]
65................................................. .40718 .39761 .38838 .37947 .37087 .36257 .35455 .34681 .33932 .33208
66................................................. .42128 .41172 .40249 .39357 .38496 .37663 .36858 .36079 .35326 .34597
67................................................. .43569 .42616 .41694 .40803 .39941 .39107 .38299 .37518 .36761 .36028
68................................................. .45038 .44089 .43170 .42281 .41419 .40585 .39777 .38994 .38235 .37499
69................................................. .46531 .45587 .44672 .43786 .42927 .42094 .41286 .40503 .39743 .39006
70................................................. .48040 .47103 .46194 .45312 .44456 .43626 .42820 .42038 .41278 .40540
71................................................. .49558 .48629 .47727 .46851 .46000 .45174 .44371 .43591 .42832 .42095
72................................................. .51082 .50162 .49268 .48399 .47554 .46733 .45934 .45157 .44401 .43666
73................................................. .52607 .51697 .50813 .49952 .49114 .48299 .47506 .46733 .45981 .45249
74................................................. .54139 .53241 .52367 .51515 .50686 .49879 .49092 .48325 .47578 .46849
75................................................. .55683 .54798 .53936 .53095 .52276 .51477 .50698 .49938 .49197 .48474
76................................................. .57243 .56373 .55524 .54696 .53888 .53100 .52330 .51579 .50846 .50130
77................................................. .58819 .57965 .57132 .56318 .55523 .54747 .53988 .53247 .52523 .51815
78................................................. .60408 .59572 .58755 .57957 .57177 .56414 .55668 .54939 .54225 .53527
79................................................. .62001 .61184 .60385 .59604 .58840 .58092 .57360 .56644 .55943 .55256
80................................................. .63582 .62786 .62007 .61244 .60497 .59765 .59048 .58347 .57659 .56985
81................................................. .65142 .64367 .63608 .62864 .62135 .61421 .60721 .60034 .59361 .58701
82................................................. .66673 .65920 .65182 .64458 .63748 .63052 .62368 .61698 .61041 .60395
83................................................. .68175 .67444 .66728 .66024 .65334 .64656 .63991 .63338 .62696 .62066
84................................................. .69657 .68950 .68256 .67574 .66904 .66246 .65599 .64964 .64340 .63727
85................................................. .71128 .70446 .69775 .69116 .68467 .67830 .67204 .66587 .65982 .65386
86................................................. .72576 .71919 .71272 .70636 .70010 .69394 .68789 .68193 .67606 .67029
87................................................. .73981 .73349 .72726 .72114 .71511 .70917 .70333 .69757 .69190 .68632
88................................................. .75342 .74735 .74137 .73548 .72968 .72396 .71833 .71279 .70732 .70194
89................................................. .76658 .76076 .75503 .74938 .74381 .73832 .73290 .72757 .72231 .71712
90................................................. .77928 .77371 .76823 .76281 .75748 .75221 .74702 .74190 .73684 .73186
91................................................. .79131 .78600 .78075 .77557 .77046 .76542 .76044 .75553 .75068 .74589
92................................................. .80246 .79737 .79235 .78740 .78250 .77767 .77290 .76818 .76353 .75893
93................................................. .81274 .80788 .80307 .79832 .79363 .78899 .78441 .77989 .77542 .77100
94................................................. .82232 .81766 .81306 .80850 .80401 .79956 .79517 .79082 .78653 .78228
95................................................. .83141 .82695 .82254 .81818 .81387 .80961 .80539 .80122 .79710 .79302
96................................................. .83996 .83569 .83147 .82729 .82316 .81907 .81503 .81103 .80707 .80315
97................................................. .84787 .84378 .83973 .83573 .83176 .82784 .82396 .82012 .81632 .81255
98................................................. .85530 .85138 .84750 .84366 .83985 .83609 .83236 .82867 .82502 .82140
99................................................. .86255 .85880 .85508 .85140 .84776 .84415 .84057 .83703 .83353 .83005
100................................................. .86960 .86601 .86246 .85894 .85546 .85200 .84858 .84519 .84183 .83849
101................................................. .87655 .87313 .86974 .86638 .86305 .85975 .85648 .85324 .85003 .84684
102................................................. .88338 .88012 .87689 .87369 .87052 .86738 .86426 .86116 .85809 .85505
103................................................. .89015 .88706 .88399 .88095 .87793 .87494 .87197 .86903 .86611 .86321
104................................................. .89737 .89446 .89157 .88871 .88586 .88304 .88024 .87745 .87469 .87195
105................................................. .90443 .90170 .89898 .89628 .89360 .89094 .88830 .88568 .88307 .88049
106................................................. .91351 .91101 .90852 .90605 .90359 .90115 .89873 .89632 .89392 .89154
107................................................. .92452 .92230 .92010 .91791 .91573 .91356 .91141 .90927 .90714 .90502
108................................................. .94161 .93987 .93814 .93641 .93469 .93298 .93128 .92958 .92790 .92622
109................................................. .97081 .96992 .96904 .96816 .96729 .96642 .96555 .96468 .96382 .96296
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 8.2% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4% 9.6% 9.8% 10.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .01906 .01845 .01790 .01740 .01694 .01652 .01613 .01578 .01546 .01516
1................................................. .01098 .01034 .00977 .00924 .00876 .00833 .00793 .00756 .00722 .00691
2................................................. .01113 .01046 .00986 .00930 .00880 .00834 .00791 .00753 .00717 .00684
3................................................. .01155 .01084 .01020 .00962 .00909 .00860 .00816 .00775 .00737 .00702
4................................................. .01211 .01137 .01069 .01008 .00952 .00900 .00853 .00810 .00770 .00733
5................................................. .01279 .01201 .01130 .01065 .01006 .00952 .00902 .00856 .00814 .00775
6................................................. .01356 .01274 .01199 .01131 .01068 .01011 .00959 .00910 .00865 .00824
7................................................. .01442 .01356 .01277 .01205 .01140 .01079 .01023 .00972 .00925 .00881
8................................................. .01536 .01446 .01363 .01287 .01218 .01154 .01096 .01041 .00991 .00945
9................................................. .01641 .01546 .01460 .01380 .01307 .01240 .01178 .01120 .01068 .01019
10................................................. .01758 .01659 .01567 .01484 .01407 .01336 .01270 .01210 .01154 .01103
11................................................. .01886 .01781 .01686 .01598 .01517 .01442 .01373 .01310 .01251 .01196
12................................................. .02024 .01915 .01814 .01721 .01636 .01558 .01485 .01419 .01357 .01299
13................................................. .02168 .02054 .01948 .01851 .01762 .01679 .01603 .01533 .01467 .01407
14................................................. .02313 .02193 .02083 .01981 .01887 .01801 .01721 .01646 .01578 .01514
15................................................. .02456 .02330 .02214 .02107 .02009 .01918 .01834 .01756 .01684 .01617
16................................................. .02593 .02462 .02340 .02229 .02126 .02030 .01942 .01860 .01785 .01714
17................................................. .02728 .02590 .02463 .02346 .02238 .02138 .02046 .01960 .01880 .01806
18................................................. .02861 .02717 .02584 .02462 .02348 .02243 .02146 .02056 .01972 .01894
19................................................. .02998 .02847 .02708 .02580 .02461 .02351 .02249 .02154 .02066 .01984
20................................................. .03142 .02984 .02839 .02704 .02580 .02465 .02357 .02258 .02165 .02079
21................................................. .03295 .03130 .02978 .02837 .02706 .02585 .02473 .02368 .02271 .02180
22................................................. .03455 .03283 .03124 .02976 .02839 .02712 .02594 .02484 .02382 .02286
23................................................. .03626 .03446 .03279 .03124 .02981 .02847 .02723 .02608 .02500 .02400
24................................................. .03809 .03620 .03446 .03283 .03133 .02993 .02863 .02741 .02628 .02522
25................................................. .04005 .03808 .03625 .03456 .03298 .03151 .03014 .02887 .02768 .02656
[[Page 23218]]
26................................................. .04216 .04010 .03819 .03641 .03476 .03322 .03178 .03044 .02919 .02802
27................................................. .04444 .04229 .04029 .03843 .03670 .03508 .03357 .03217 .03085 .02962
28................................................. .04687 .04463 .04254 .04059 .03877 .03708 .03550 .03402 .03263 .03133
29................................................. .04946 .04712 .04493 .04289 .04099 .03922 .03756 .03600 .03455 .03318
30................................................. .05221 .04976 .04748 .04534 .04335 .04149 .03975 .03812 .03659 .03515
31................................................. .05511 .05255 .05017 .04794 .04585 .04390 .04208 .04037 .03876 .03725
32................................................. .05818 .05551 .05302 .05069 .04851 .04647 .04455 .04276 .04107 .03948
33................................................. .06144 .05866 .05606 .05363 .05135 .04921 .04720 .04532 .04355 .04188
34................................................. .06489 .06200 .05928 .05674 .05436 .05212 .05002 .04805 .04619 .04444
35................................................. .06857 .06555 .06273 .06007 .05758 .05524 .05304 .05097 .04902 .04718
36................................................. .07246 .06932 .06638 .06361 .06101 .05856 .05626 .05409 .05205 .05012
37................................................. .07659 .07332 .07025 .06737 .06466 .06210 .05969 .05742 .05528 .05325
38................................................. .08098 .07758 .07439 .07138 .06855 .06588 .06336 .06099 .05874 .05662
39................................................. .08563 .08210 .07878 .07565 .07270 .06992 .06729 .06480 .06245 .06023
40................................................. .09059 .08692 .08347 .08021 .07714 .07423 .07149 .06889 .06643 .06411
41................................................. .09586 .09206 .08848 .08509 .08189 .07886 .07600 .07329 .07072 .06828
42................................................. .10147 .09753 .09381 .09029 .08696 .08381 .08083 .07800 .07531 .07277
43................................................. .10742 .10334 .09948 .09583 .09237 .08909 .08598 .08304 .08024 .07758
44................................................. .11373 .10950 .10551 .10172 .09813 .09472 .09148 .08841 .08549 .08272
45................................................. .12035 .11599 .11185 .10792 .10420 .10066 .09730 .09410 .09106 .08817
46................................................. .12732 .12281 .11853 .11447 .11061 .10694 .10345 .10013 .09696 .09395
47................................................. .13460 .12995 .12553 .12133 .11733 .11353 .10991 .10646 .10317 .10004
48................................................. .14223 .13743 .13287 .12853 .12439 .12046 .11671 .11313 .10972 .10646
49................................................. .15020 .14526 .14056 .13608 .13181 .12774 .12385 .12015 .11661 .11322
50................................................. .15855 .15347 .14862 .14401 .13960 .13540 .13138 .12754 .12388 .12037
51................................................. .16727 .16205 .15707 .15232 .14777 .14344 .13929 .13532 .13153 .12789
52................................................. .17634 .17098 .16587 .16097 .15630 .15183 .14755 .14345 .13953 .13577
53................................................. .18576 .18027 .17501 .16999 .16518 .16057 .15616 .15194 .14789 .14400
54................................................. .19552 .18990 .18451 .17935 .17441 .16968 .16514 .16078 .15661 .15260
55................................................. .20564 .19989 .19437 .18908 .18402 .17915 .17449 .17001 .16571 .16157
56................................................. .21613 .21025 .20461 .19919 .19400 .18901 .18422 .17962 .17519 .17093
57................................................. .22698 .22098 .21522 .20968 .20436 .19925 .19434 .18961 .18507 .18069
58................................................. .23816 .23204 .22616 .22051 .21507 .20984 .20481 .19996 .19530 .19080
59................................................. .24962 .24339 .23740 .23163 .22608 .22073 .21558 .21062 .20584 .20123
60................................................. .26136 .25502 .24892 .24304 .23738 .23192 .22666 .22158 .21669 .21196
61................................................. .27339 .26695 .26075 .25477 .24900 .24343 .23806 .23288 .22787 .22304
62................................................. .28578 .27925 .27295 .26687 .26100 .25533 .24985 .24456 .23945 .23451
63................................................. .29854 .29192 .28553 .27935 .27339 .26762 .26205 .25666 .25145 .24641
64................................................. .31164 .30494 .29846 .29221 .28615 .28030 .27463 .26915 .26384 .25870
65................................................. .32508 .31831 .31177 .30543 .29930 .29336 .28761 .28203 .27663 .27140
66................................................. .33891 .33208 .32547 .31906 .31285 .30684 .30101 .29536 .28987 .28456
67................................................. .35318 .34630 .33963 .33316 .32689 .32081 .31491 .30918 .30363 .29823
68................................................. .36785 .36093 .35422 .34770 .34138 .33524 .32928 .32349 .31787 .31240
69................................................. .38290 .37595 .36920 .36265 .35628 .35009 .34408 .33824 .33256 .32703
70................................................. .39823 .39127 .38450 .37791 .37151 .36529 .35924 .35335 .34762 .34204
71................................................. .41378 .40681 .40003 .39343 .38701 .38076 .37467 .36875 .36298 .35736
72................................................. .42950 .42253 .41575 .40914 .40271 .39644 .39034 .38438 .37858 .37293
73................................................. .44535 .43840 .43162 .42502 .41858 .41231 .40619 .40022 .39440 .38872
74................................................. .46139 .45446 .44771 .44112 .43469 .42842 .42230 .41632 .41049 .40479
75................................................. .47769 .47080 .46408 .45752 .45111 .44485 .43874 .43277 .42693 .42123
76................................................. .49430 .48747 .48079 .47427 .46790 .46167 .45558 .44963 .44380 .43811
77................................................. .51123 .50447 .49786 .49139 .48506 .47888 .47282 .46690 .46111 .45543
78................................................. .52845 .52177 .51523 .50884 .50257 .49645 .49044 .48457 .47881 .47317
79................................................. .54584 .53926 .53282 .52650 .52032 .51426 .50833 .50251 .49681 .49122
80................................................. .56325 .55678 .55044 .54423 .53813 .53216 .52630 .52056 .51492 .50939
81................................................. .58054 .57419 .56797 .56186 .55587 .54999 .54422 .53856 .53300 .52754
82................................................. .59762 .59140 .58530 .57931 .57343 .56766 .56198 .55641 .55094 .54557
83................................................. .61448 .60840 .60243 .59657 .59081 .58515 .57958 .57411 .56874 .56346
84................................................. .63124 .62531 .61949 .61376 .60813 .60259 .59715 .59179 .58652 .58134
85................................................. .64800 .64224 .63657 .63099 .62550 .62010 .61478 .60955 .60441 .59934
86................................................. .66461 .65902 .65351 .64810 .64276 .63751 .63233 .62724 .62222 .61728
87................................................. .68083 .67541 .67008 .66483 .65965 .65455 .64953 .64458 .63970 .63489
88................................................. .69663 .69140 .68624 .68116 .67615 .67121 .66634 .66154 .65680 .65213
89................................................. .71201 .70696 .70199 .69708 .69224 .68747 .68276 .67811 .67353 .66900
90................................................. .72694 .72209 .71730 .71257 .70791 .70330 .69876 .69427 .68984 .68547
91................................................. .74117 .73650 .73190 .72735 .72286 .71842 .71404 .70972 .70545 .70123
92................................................. .75439 .74991 .74548 .74110 .73678 .73251 .72829 .72412 .72000 .71593
93................................................. .76664 .76233 .75806 .75385 .74969 .74557 .74150 .73748 .73350 .72957
94................................................. .77809 .77394 .76983 .76578 .76177 .75780 .75388 .75000 .74616 .74237
95................................................. .78899 .78500 .78106 .77715 .77329 .76947 .76569 .76195 .75826 .75460
96................................................. .79928 .79544 .79165 .78790 .78418 .78050 .77686 .77326 .76970 .76617
97................................................. .80883 .80514 .80149 .79787 .79430 .79075 .78725 .78377 .78033 .77693
98................................................. .81781 .81427 .81075 .80727 .80382 .80041 .79703 .79368 .79036 .78708
99................................................. .82661 .82320 .81982 .81648 .81316 .80988 .80662 .80340 .80020 .79704
[[Page 23219]]
100................................................. .83519 .83192 .82868 .82547 .82228 .81913 .81600 .81290 .80982 .80678
101................................................. .84368 .84055 .83744 .83437 .83131 .82829 .82529 .82231 .81936 .81643
102................................................. .85203 .84904 .84607 .84313 .84021 .83731 .83444 .83159 .82876 .82596
103................................................. .86034 .85748 .85465 .85184 .84906 .84629 .84355 .84082 .83812 .83544
104................................................. .86923 .86653 .86385 .86119 .85855 .85593 .85333 .85074 .84818 .84563
105................................................. .87792 .87537 .87283 .87032 .86782 .86534 .86287 .86042 .85799 .85557
106................................................. .88918 .88683 .88450 .88218 .87987 .87758 .87530 .87304 .87079 .86855
107................................................. .90291 .90082 .89873 .89666 .89460 .89255 .89051 .88849 .88647 .88447
108................................................. .92455 .92288 .92123 .91958 .91794 .91630 .91468 .91306 .91145 .90984
109................................................. .96211 .96125 .96041 .95956 .95872 .95788 .95704 .95620 .95537 .95455
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 10.2% 10.4% 10.6% 10.8% 11.0% 11.2% 11.4% 11.6% 11.8% 12.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .01488 .01463 .01439 .01417 .01396 .01377 .01359 .01343 .01327 .01312
1................................................. .00662 .00636 .00612 .00589 .00568 .00548 .00530 .00513 .00497 .00482
2................................................. .00654 .00626 .00600 .00576 .00554 .00533 .00514 .00496 .00479 .00463
3................................................. .00670 .00641 .00613 .00588 .00564 .00542 .00522 .00502 .00484 .00468
4................................................. .00699 .00668 .00639 .00612 .00587 .00563 .00542 .00521 .00502 .00484
5................................................. .00739 .00706 .00675 .00646 .00620 .00595 .00571 .00550 .00529 .00510
6................................................. .00786 .00751 .00718 .00687 .00659 .00633 .00608 .00585 .00563 .00543
7................................................. .00841 .00803 .00769 .00736 .00706 .00678 .00652 .00627 .00604 .00582
8................................................. .00902 .00863 .00826 .00791 .00759 .00730 .00702 .00675 .00651 .00628
9................................................. .00973 .00931 .00892 .00856 .00822 .00790 .00760 .00733 .00706 .00682
10................................................. .01055 .01010 .00969 .00930 .00894 .00861 .00829 .00799 .00772 .00746
11................................................. .01146 .01099 .01055 .01014 .00976 .00940 .00907 .00875 .00846 .00818
12................................................. .01246 .01196 .01150 .01106 .01066 .01028 .00993 .00960 .00928 .00899
13................................................. .01351 .01298 .01249 .01204 .01161 .01121 .01084 .01049 .01016 .00985
14................................................. .01455 .01400 .01348 .01300 .01255 .01213 .01173 .01136 .01102 .01069
15................................................. .01555 .01497 .01443 .01392 .01345 .01300 .01259 .01220 .01183 .01148
16................................................. .01648 .01587 .01530 .01477 .01427 .01380 .01336 .01295 .01257 .01220
17................................................. .01737 .01673 .01612 .01556 .01504 .01455 .01408 .01365 .01324 .01286
18................................................. .01822 .01754 .01691 .01632 .01576 .01525 .01476 .01430 .01387 .01347
19................................................. .01908 .01837 .01770 .01708 .01650 .01595 .01544 .01495 .01450 .01407
20................................................. .01999 .01924 .01854 .01788 .01726 .01669 .01615 .01564 .01516 .01471
21................................................. .02096 .02017 .01943 .01874 .01809 .01748 .01691 .01637 .01586 .01539
22................................................. .02197 .02114 .02036 .01963 .01895 .01830 .01770 .01713 .01660 .01610
23................................................. .02306 .02218 .02136 .02059 .01987 .01919 .01855 .01795 .01739 .01686
24................................................. .02424 .02331 .02245 .02163 .02087 .02016 .01948 .01885 .01825 .01769
25................................................. .02552 .02455 .02364 .02278 .02197 .02122 .02051 .01984 .01920 .01861
26................................................. .02692 .02589 .02493 .02403 .02318 .02238 .02162 .02091 .02025 .01961
27................................................. .02846 .02738 .02636 .02541 .02451 .02367 .02287 .02212 .02141 .02074
28................................................. .03012 .02898 .02791 .02690 .02595 .02506 .02422 .02342 .02267 .02196
29................................................. .03190 .03070 .02957 .02851 .02751 .02656 .02567 .02483 .02404 .02329
30................................................. .03381 .03254 .03135 .03023 .02917 .02817 .02723 .02634 .02551 .02471
31................................................. .03583 .03450 .03324 .03206 .03094 .02989 .02890 .02796 .02707 .02623
32................................................. .03799 .03659 .03527 .03402 .03284 .03173 .03068 .02968 .02874 .02785
33................................................. .04031 .03883 .03744 .03612 .03488 .03371 .03260 .03155 .03055 .02961
34................................................. .04279 .04123 .03976 .03838 .03707 .03583 .03465 .03354 .03249 .03149
35................................................. .04545 .04382 .04227 .04081 .03943 .03812 .03688 .03571 .03459 .03354
36................................................. .04830 .04658 .04495 .04341 .04196 .04058 .03927 .03803 .03685 .03573
37................................................. .05134 .04953 .04782 .04620 .04467 .04321 .04183 .04052 .03928 .03809
38................................................. .05462 .05272 .05092 .04921 .04760 .04606 .04461 .04322 .04191 .04066
39................................................. .05812 .05613 .05424 .05245 .05075 .04913 .04760 .04614 .04475 .04343
40................................................. .06190 .05981 .05782 .05594 .05415 .05245 .05083 .04929 .04783 .04643
41................................................. .06597 .06378 .06170 .05972 .05784 .05605 .05435 .05272 .05118 .04970
42................................................. .07035 .06806 .06587 .06380 .06182 .05994 .05815 .05644 .05481 .05326
43................................................. .07505 .07265 .07036 .06818 .06611 .06414 .06225 .06045 .05874 .05710
44................................................. .08008 .07757 .07518 .07290 .07072 .06865 .06667 .06478 .06298 .06125
45................................................. .08542 .08279 .08029 .07791 .07563 .07346 .07138 .06940 .06750 .06569
46................................................. .09108 .08834 .08573 .08324 .08085 .07858 .07640 .07432 .07233 .07043
47................................................. .09705 .09419 .09147 .08886 .08637 .08399 .08172 .07954 .07745 .07545
48................................................. .10335 .10038 .09754 .09482 .09222 .08973 .08735 .08507 .08288 .08078
49................................................. .10999 .10690 .10394 .10111 .09840 .09581 .09332 .09093 .08864 .08644
50................................................. .11701 .11380 .11073 .10778 .10496 .10225 .09965 .09716 .09477 .09247
51................................................. .12441 .12108 .11789 .11482 .11189 .10907 .10636 .10376 .10126 .09886
52................................................. .13217 .12871 .12540 .12222 .11916 .11623 .11341 .11071 .10810 .10560
53................................................. .14028 .13670 .13327 .12997 .12680 .12375 .12082 .11801 .11529 .11268
54................................................. .14875 .14505 .14150 .13808 .13480 .13163 .12859 .12566 .12284 .12012
55................................................. .15760 .15378 .15011 .14657 .14317 .13989 .13674 .13370 .13077 .12794
56................................................. .16684 .16290 .15911 .15546 .15194 .14855 .14528 .14213 .13909 .13615
57................................................. .17648 .17242 .16851 .16474 .16111 .15760 .15422 .15096 .14781 .14477
58................................................. .18647 .18229 .17827 .17438 .17064 .16702 .16353 .16015 .15689 .15374
59................................................. .19678 .19249 .18835 .18435 .18049 .17676 .17316 .16968 .16631 .16305
60................................................. .20740 .20300 .19875 .19464 .19066 .18682 .18311 .17952 .17604 .17268
[[Page 23220]]
61................................................. .21837 .21385 .20949 .20527 .20119 .19724 .19341 .18971 .18613 .18266
62................................................. .22973 .22511 .22064 .21631 .21212 .20807 .20414 .20033 .19664 .19306
63................................................. .24152 .23680 .23222 .22779 .22350 .21934 .21530 .21139 .20760 .20392
64................................................. .25372 .24890 .24422 .23969 .23529 .23103 .22690 .22289 .21899 .21521
65................................................. .26633 .26141 .25664 .25201 .24752 .24316 .23893 .23482 .23083 .22695
66................................................. .27940 .27439 .26953 .26481 .26023 .25577 .25145 .24724 .24316 .23918
67................................................. .29299 .28790 .28296 .27815 .27348 .26894 .26453 .26024 .25606 .25200
68................................................. .30709 .30193 .29691 .29202 .28728 .28265 .27816 .27378 .26952 .26537
69................................................. .32166 .31643 .31134 .30639 .30157 .29687 .29230 .28785 .28351 .27928
70................................................. .33661 .33133 .32618 .32116 .31628 .31152 .30688 .30235 .29794 .29364
71................................................. .35188 .34654 .34134 .33627 .33133 .32651 .32181 .31722 .31275 .30838
72................................................. .36742 .36204 .35679 .35168 .34668 .34181 .33706 .33241 .32788 .32345
73................................................. .38317 .37776 .37248 .36733 .36229 .35738 .35257 .34788 .34330 .33882
74................................................. .39923 .39380 .38849 .38330 .37823 .37328 .36844 .36370 .35908 .35455
75................................................. .41566 .41021 .40489 .39968 .39459 .38961 .38474 .37997 .37531 .37074
76................................................. .43254 .42709 .42176 .41655 .41144 .40645 .40156 .39677 .39208 .38749
77................................................. .44988 .44444 .43912 .43391 .42880 .42380 .41891 .41411 .40940 .40479
78................................................. .46765 .46224 .45694 .45174 .44665 .44166 .43677 .43197 .42726 .42265
79................................................. .48574 .48037 .47510 .46993 .46487 .45990 .45502 .45024 .44554 .44094
80................................................. .50397 .49865 .49343 .48830 .48327 .47834 .47349 .46873 .46406 .45947
81................................................. .52219 .51693 .51176 .50669 .50171 .49682 .49201 .48729 .48265 .47809
82................................................. .54029 .53510 .53000 .52499 .52007 .51523 .51047 .50580 .50120 .49667
83................................................. .55826 .55315 .54813 .54319 .53834 .53356 .52886 .52424 .51969 .51522
84................................................. .57624 .57123 .56629 .56144 .55666 .55195 .54732 .54277 .53828 .53386
85................................................. .59435 .58944 .58460 .57984 .57516 .57054 .56599 .56151 .55710 .55275
86................................................. .61241 .60762 .60289 .59824 .59365 .58913 .58468 .58029 .57596 .57170
87................................................. .63015 .62548 .62087 .61633 .61185 .60744 .60309 .59880 .59456 .59039
88................................................. .64753 .64299 .63851 .63409 .62973 .62543 .62118 .61700 .61287 .60879
89................................................. .66454 .66013 .65579 .65150 .64726 .64308 .63895 .63488 .63086 .62689
90................................................. .68115 .67689 .67268 .66853 .66442 .66037 .65637 .65241 .64851 .64465
91................................................. .69706 .69294 .68887 .68486 .68089 .67696 .67309 .66925 .66547 .66173
92................................................. .71190 .70792 .70399 .70011 .69627 .69247 .68872 .68501 .68134 .67771
93................................................. .72569 .72184 .71804 .71429 .71057 .70689 .70326 .69967 .69611 .69259
94................................................. .73861 .73490 .73123 .72759 .72400 .72044 .71692 .71344 .71000 .70659
95................................................. .75097 .74739 .74384 .74033 .73686 .73342 .73002 .72665 .72331 .72001
96................................................. .76267 .75922 .75579 .75240 .74905 .74572 .74243 .73917 .73595 .73275
97................................................. .77356 .77022 .76691 .76363 .76039 .75718 .75399 .75084 .74772 .74463
98................................................. .78382 .78059 .77740 .77423 .77110 .76799 .76491 .76186 .75884 .75584
99................................................. .79390 .79079 .78771 .78465 .78162 .77862 .77565 .77270 .76978 .76688
100................................................. .80376 .80076 .79779 .79485 .79193 .78904 .78617 .78333 .78051 .77771
101................................................. .81353 .81066 .80780 .80497 .80217 .79938 .79662 .79388 .79117 .78847
102................................................. .82318 .82042 .81768 .81496 .81227 .80960 .80694 .80431 .80170 .79911
103................................................. .83278 .83014 .82752 .82491 .82233 .81977 .81723 .81470 .81220 .80971
104................................................. .84310 .84059 .83810 .83563 .83317 .83073 .82831 .82591 .82352 .82115
105................................................. .85318 .85079 .84843 .84607 .84374 .84142 .83911 .83682 .83455 .83229
106................................................. .86633 .86413 .86193 .85975 .85758 .85543 .85329 .85116 .84904 .84694
107................................................. .88247 .88049 .87852 .87656 .87460 .87266 .87073 .86881 .86690 .86500
108................................................. .90825 .90666 .90507 .90350 .90193 .90037 .89881 .89727 .89572 .89419
109................................................. .95372 .95290 .95208 .95126 .95045 .94964 .94883 .94803 .94723 .94643
--------------------------------------------------------------------------------------------------------------------------------------------------------
Age 12.2% 12.4% 12.6% 12.8% 13.0% 13.2% 13.4% 13.6% 13.8% 14.0%
--------------------------------------------------------------------------------------------------------------------------------------------------------
0................................................. .01298 .01285 .01273 .01261 .01250 .01240 .01230 .01221 .01212 .01203
1................................................. .00468 .00455 .00443 .00431 .00420 .00410 .00400 .00391 .00382 .00374
2................................................. .00448 .00435 .00421 .00409 .00398 .00387 .00376 .00366 .00357 .00348
3................................................. .00452 .00437 .00423 .00410 .00398 .00386 .00375 .00365 .00355 .00345
4................................................. .00468 .00452 .00437 .00423 .00410 .00397 .00386 .00375 .00364 .00354
5................................................. .00493 .00476 .00460 .00445 .00431 .00418 .00405 .00393 .00382 .00371
6................................................. .00524 .00506 .00489 .00473 .00458 .00444 .00430 .00418 .00406 .00394
7................................................. .00562 .00543 .00525 .00508 .00492 .00477 .00462 .00449 .00436 .00423
8................................................. .00606 .00586 .00566 .00548 .00531 .00515 .00499 .00485 .00471 .00458
9................................................. .00659 .00637 .00616 .00597 .00579 .00561 .00545 .00529 .00514 .00500
10................................................. .00721 .00698 .00676 .00655 .00636 .00617 .00600 .00583 .00567 .00552
11................................................. .00792 .00767 .00744 .00722 .00701 .00682 .00663 .00645 .00628 .00612
12................................................. .00871 .00845 .00821 .00797 .00775 .00754 .00735 .00716 .00698 .00681
13................................................. .00955 .00928 .00902 .00877 .00854 .00831 .00810 .00790 .00771 .00753
14................................................. .01038 .01009 .00981 .00955 .00930 .00907 .00885 .00864 .00843 .00824
15................................................. .01116 .01085 .01056 .01028 .01002 .00977 .00954 .00932 .00910 .00890
16................................................. .01186 .01153 .01123 .01094 .01066 .01040 .01015 .00992 .00969 .00948
17................................................. .01250 .01215 .01183 .01152 .01124 .01096 .01070 .01045 .01022 .00999
18................................................. .01308 .01272 .01238 .01206 .01175 .01147 .01119 .01093 .01068 .01044
19................................................. .01367 .01329 .01293 .01259 .01227 .01196 .01167 .01140 .01113 .01088
20................................................. .01428 .01388 .01350 .01314 .01280 .01248 .01217 .01188 .01161 .01134
21................................................. .01494 .01451 .01411 .01373 .01337 .01303 .01271 .01240 .01211 .01183
[[Page 23221]]
22................................................. .01562 .01517 .01475 .01435 .01397 .01361 .01326 .01294 .01263 .01233
23................................................. .01635 .01588 .01543 .01501 .01460 .01422 .01386 .01351 .01319 .01287
24................................................. .01716 .01665 .01618 .01573 .01530 .01489 .01451 .01415 .01380 .01347
25................................................. .01804 .01751 .01701 .01653 .01608 .01565 .01524 .01485 .01448 .01413
26................................................. .01902 .01845 .01792 .01741 .01693 .01648 .01604 .01563 .01524 .01487
27................................................. .02011 .01951 .01895 .01841 .01790 .01742 .01696 .01652 .01610 .01571
28................................................. .02129 .02066 .02006 .01949 .01895 .01844 .01795 .01748 .01704 .01662
29................................................. .02258 .02191 .02127 .02067 .02009 .01955 .01903 .01853 .01806 .01762
30................................................. .02396 .02325 .02257 .02193 .02132 .02074 .02019 .01966 .01916 .01869
31................................................. .02543 .02467 .02396 .02328 .02263 .02201 .02143 .02087 .02034 .01983
32................................................. .02701 .02621 .02545 .02472 .02404 .02338 .02276 .02217 .02160 .02106
33................................................. .02871 .02786 .02706 .02629 .02556 .02487 .02420 .02357 .02297 .02240
34................................................. .03054 .02964 .02879 .02797 .02720 .02646 .02576 .02509 .02445 .02383
35................................................. .03253 .03158 .03067 .02981 .02898 .02820 .02745 .02674 .02606 .02541
36................................................. .03467 .03366 .03269 .03178 .03090 .03007 .02928 .02852 .02779 .02710
37................................................. .03697 .03590 .03488 .03391 .03298 .03209 .03125 .03044 .02967 .02893
38................................................. .03947 .03833 .03725 .03622 .03524 .03430 .03340 .03254 .03172 .03094
39................................................. .04217 .04096 .03982 .03873 .03768 .03669 .03573 .03482 .03395 .03312
40................................................. .04510 .04383 .04262 .04146 .04035 .03930 .03828 .03732 .03639 .03550
41................................................. .04830 .04695 .04567 .04445 .04327 .04215 .04108 .04005 .03907 .03812
42................................................. .05177 .05035 .04900 .04770 .04646 .04527 .04413 .04304 .04200 .04100
43................................................. .05553 .05404 .05261 .05123 .04992 .04866 .04746 .04630 .04520 .04413
44................................................. .05960 .05802 .05651 .05506 .05368 .05235 .05107 .04985 .04867 .04754
45................................................. .06395 .06229 .06069 .05917 .05770 .05630 .05495 .05365 .05241 .05121
46................................................. .06860 .06685 .06517 .06356 .06202 .06053 .05911 .05774 .05643 .05516
47................................................. .07353 .07169 .06992 .06823 .06660 .06504 .06353 .06209 .06070 .05936
48................................................. .07877 .07684 .07498 .07320 .07149 .06984 .06826 .06673 .06527 .06385
49................................................. .08433 .08231 .08036 .07849 .07669 .07495 .07329 .07168 .07013 .06864
50................................................. .09026 .08814 .08609 .08413 .08224 .08042 .07867 .07698 .07535 .07378
51................................................. .09655 .09433 .09219 .09013 .08815 .08624 .08440 .08262 .08091 .07926
52................................................. .10318 .10086 .09863 .09647 .09439 .09239 .09046 .08860 .08680 .08506
53................................................. .11017 .10774 .10541 .10315 .10098 .09888 .09686 .09491 .09302 .09120
54................................................. .11750 .11498 .11254 .11019 .10792 .10572 .10361 .10156 .09958 .09767
55................................................. .12522 .12258 .12005 .11759 .11522 .11294 .11072 .10859 .10652 .10451
56................................................. .13332 .13059 .12794 .12539 .12292 .12054 .11823 .11599 .11383 .11174
57................................................. .14183 .13899 .13624 .13359 .13102 .12853 .12613 .12380 .12154 .11936
58................................................. .15070 .14775 .14490 .14215 .13948 .13689 .13439 .13197 .12962 .12734
59................................................. .15990 .15685 .15389 .15103 .14826 .14558 .14298 .14046 .13801 .13564
60................................................. .16942 .16626 .16321 .16024 .15737 .15459 .15189 .14927 .14673 .14426
61................................................. .17929 .17603 .17287 .16981 .16684 .16395 .16115 .15844 .15580 .15324
62................................................. .18960 .18623 .18297 .17980 .17673 .17375 .17085 .16803 .16530 .16264
63................................................. .20035 .19688 .19352 .19025 .18708 .18400 .18100 .17809 .17525 .17250
64................................................. .21154 .20797 .20451 .20114 .19787 .19469 .19159 .18859 .18566 .18281
65................................................. .22318 .21951 .21595 .21249 .20912 .20584 .20265 .19955 .19652 .19358
66................................................. .23532 .23156 .22790 .22434 .22088 .21751 .21422 .21102 .20791 .20487
67................................................. .24804 .24419 .24044 .23679 .23324 .22977 .22640 .22311 .21990 .21678
68................................................. .26133 .25740 .25356 .24983 .24618 .24263 .23917 .23579 .23250 .22929
69................................................. .27516 .27114 .26723 .26341 .25969 .25605 .25251 .24905 .24567 .24237
70................................................. .28945 .28536 .28137 .27747 .27367 .26996 .26633 .26279 .25934 .25596
71................................................. .30412 .29996 .29590 .29193 .28806 .28427 .28057 .27696 .27343 .26998
72................................................. .31913 .31491 .31078 .30675 .30281 .29895 .29519 .29150 .28790 .28438
73................................................. .33444 .33016 .32597 .32188 .31788 .31396 .31013 .30638 .30271 .29913
74................................................. .35012 .34579 .34155 .33741 .33335 .32938 .32549 .32168 .31795 .31430
75................................................. .36628 .36190 .35762 .35343 .34932 .34530 .34136 .33750 .33372 .33001
76................................................. .38299 .37858 .37427 .37004 .36589 .36183 .35784 .35394 .35011 .34636
77................................................. .40028 .39585 .39151 .38725 .38307 .37898 .37496 .37103 .36716 .36337
78................................................. .41812 .41368 .40933 .40506 .40086 .39675 .39271 .38874 .38485 .38103
79................................................. .43641 .43198 .42762 .42334 .41914 .41502 .41096 .40698 .40308 .39924
80................................................. .45496 .45054 .44619 .44192 .43772 .43360 .42954 .42556 .42164 .41779
81................................................. .47360 .46920 .46487 .46061 .45643 .45231 .44827 .44429 .44038 .43653
82................................................. .49223 .48785 .48355 .47932 .47516 .47106 .46703 .46307 .45916 .45532
83................................................. .51081 .50648 .50221 .49802 .49388 .48982 .48581 .48187 .47799 .47416
84................................................. .52951 .52523 .52101 .51686 .51277 .50874 .50477 .50086 .49701 .49321
85................................................. .54847 .54425 .54009 .53600 .53196 .52798 .52406 .52019 .51638 .51262
86................................................. .56749 .56335 .55926 .55523 .55126 .54734 .54348 .53966 .53591 .53220
87................................................. .58627 .58221 .57820 .57425 .57035 .56650 .56270 .55895 .55526 .55161
88................................................. .60477 .60079 .59688 .59301 .58919 .58542 .58170 .57802 .57439 .57081
89................................................. .62297 .61909 .61527 .61149 .60776 .60408 .60044 .59685 .59330 .58979
90................................................. .64084 .63707 .63335 .62968 .62604 .62246 .61891 .61540 .61194 .60851
91................................................. .65803 .65437 .65076 .64719 .64366 .64017 .63672 .63330 .62993 .62659
92................................................. .67412 .67058 .66707 .66360 .66017 .65678 .65342 .65010 .64682 .64357
93................................................. .68911 .68567 .68227 .67890 .67557 .67227 .66901 .66578 .66258 .65942
94................................................. .70321 .69988 .69657 .69330 .69006 .68686 .68369 .68055 .67744 .67437
95................................................. .71674 .71351 .71031 .70713 .70399 .70088 .69781 .69476 .69174 .68875
[[Page 23222]]
96................................................. .72959 .72646 .72335 .72028 .71724 .71422 .71123 .70828 .70534 .70244
97................................................. .74156 .73853 .73552 .73254 .72959 .72666 .72376 .72089 .71804 .71522
98................................................. .75287 .74993 .74702 .74413 .74126 .73842 .73561 .73282 .73006 .72732
99................................................. .76401 .76117 .75834 .75555 .75277 .75002 .74730 .74459 .74191 .73926
100................................................. .77494 .77219 .76946 .76676 .76408 .76142 .75878 .75616 .75357 .75099
101................................................. .78580 .78315 .78052 .77791 .77532 .77275 .77021 .76768 .76517 .76268
102................................................. .79654 .79399 .79146 .78894 .78645 .78397 .78152 .77908 .77666 .77426
103................................................. .80724 .80479 .80236 .79994 .79755 .79517 .79280 .79046 .78813 .78582
104................................................. .81879 .81646 .81413 .81183 .80954 .80726 .80501 .80276 .80054 .79832
105................................................. .83005 .82782 .82560 .82340 .82121 .81904 .81688 .81474 .81260 .81049
106................................................. .84485 .84277 .84071 .83866 .83662 .83459 .83257 .83057 .82857 .82659
107................................................. .86311 .86124 .85937 .85751 .85566 .85382 .85199 .85017 .84835 .84655
108................................................. .89266 .89114 .88963 .88812 .88662 .88513 .88364 .88216 .88068 .87922
109................................................. .94563 .94484 .94405 .94326 .94248 .94170 .94092 .94014 .93937 .93860
--------------------------------------------------------------------------------------------------------------------------------------------------------
Table 90 CM.--Life Table Applicable After April 30, 1999
----------------------------------------------------------------------------------------------------------------
Age x 1( x ) Age x 1( x ) Age x 1( x )
(1) (2) (1).................. (2) (1).................. (2)
----------------------------------------------------------------------------------------------------------------
0............................... 100000 37.................. 95969 74.................. 62852
1............................... 99064 38.................. 95780 75.................. 60449
2............................... 98992 39.................. 95581 76.................. 57955
3............................... 98944 40.................. 95373 77.................. 55373
4............................... 98907 41.................. 95156 78.................. 52704
5............................... 98877 42.................. 94928 79.................. 49943
6............................... 98850 43.................. 94687 80.................. 47084
7............................... 98826 44.................. 94431 81.................. 44129
8............................... 98803 45.................. 94154 82.................. 41091
9............................... 98783 46.................. 93855 83.................. 37994
10............................... 98766 47.................. 93528 84.................. 34876
11............................... 98750 48.................. 93173 85.................. 31770
12............................... 98734 49.................. 92787 86.................. 28687
13............................... 98713 50.................. 92370 87.................. 25638
14............................... 98681 51.................. 91918 88.................. 22658
15............................... 98635 52.................. 91424 89.................. 19783
16............................... 98573 53.................. 90885 90.................. 17046
17............................... 98497 54.................. 90297 91.................. 14466
18............................... 98409 55.................. 89658 92.................. 12066
19............................... 98314 56.................. 88965 93.................. 9884
20............................... 98215 57.................. 88214 94.................. 7951
21............................... 98113 58.................. 87397 95.................. 6282
22............................... 98006 59.................. 86506 96.................. 4868
23............................... 97896 60.................. 85537 97.................. 3694
24............................... 97784 61.................. 84490 98.................. 2745
25............................... 97671 62.................. 83368 99.................. 1999
26............................... 97556 63.................. 82169 100.................. 1424
27............................... 97441 64.................. 80887 101.................. 991
28............................... 97322 65.................. 79519 102.................. 672
29............................... 97199 66.................. 78066 103.................. 443
30............................... 97070 67.................. 76531 104.................. 284
31............................... 96934 68.................. 74907 105.................. 175
32............................... 96791 69.................. 73186 106.................. 105
33............................... 96642 70.................. 71357 107.................. 60
34............................... 96485 71.................. 69411 108.................. 33
35............................... 96322 72.................. 67344 109.................. 17
36............................... 96150 73.................. 65154 110.................. 0
----------------------------------------------------------------------------------------------------------------
(e) Effective dates. This section applies after April 30, 1999.
Par. 20 Section 20.2055-2 is amended by revising paragraph (f)(4)
to read as follows:
Sec. 20.2055-2 Transfers not exclusively for charitable purposes.
* * * * *
(f) * * *
(4) Other decedents. The present value of an interest not described
in paragraph (f)(2) of this section is to be determined under
Sec. 20.2031-7T(d) in the case of decedents where the valuation date of
the gross estate is after April 30, 1999, or under Sec. 20.2031-7A in
the case of decedents where the valuation date of the gross estate is
before May 1, 1999.
* * * * *
Par. 21. Section 20.7520-1 is amended as follows:
1. Paragraph (b)(2), last two sentences are revised.
2. Headings for paragraphs (c)(1) and (c)(2) are revised.
3. Paragraph (c)(2) introductory text is revised.
[[Page 23223]]
4. Paragraph (c)(2)(iii) is amended by removing the first two
sentences and adding one sentence in their place.
5. Paragraph (d) is revised.
The revised and added provisions read as follows:
Sec. 20.7520-1 Valuation of annuities, unitrust interests, interests
for life or term of years, and remainder or reversionary interests.
* * * * *
(b) * * *
(2) * * * For decedents' estates with valuation dates after April
30, 1989, and before May 1, 1999, the mortality component table (Table
80CNSMT) is included in Sec. 20.2031-7A(e)(4). See Sec. 20.2031-7A(a)
through (d) for mortality component tables applicable to decedents'
estates with valuation dates before May 1, 1989.
(c) * * *
(1) Regulations sections containing tables with interest rates
between 4.2 and 14 percent for valuation dates after April 30, 1989,
and before May 1, 1999. * * *
(2) Internal Revenue Service publications containing tables with
interest rates between 2.2. and 26 percent for valuation dates after
April 30, 1989, and before May 1, 1999. The following publications are
no longer available from the Superintendent of Documents, however, they
may be obtained from: CC:DOM:CORP:R, room 5226, Internal Revenue
Service, POB 7604, Ben Franklin Station, Washington, DC 20044:
* * * * *
(iii) Internal Revenue Service Publication 1459, ``Actuarial
Values, Gamma Volume,'' (8-89). * * *
(d) Effective date. This section applies after April 30, 1989, and
before May 1, 1999.
Par. 22. Section 20.7520-1T is added to read as follows:
Sec. 20.7520-1T Valuation of annuities, unitrust interests, interests
for life or term of years, and remainder or reversionary interests
(temporary).
(a)(1) [Reserved]. For further guidance, see Sec. 20.7520-1(a)1.
(2) In the case of a transfer to a pooled income fund with a
valuation date after April 30, 1999, see Sec. 1.642(c)-6T(e) (or, for
certain prior periods, Sec. 1.642(c)-6A) of this chapter (Income Tax
Regulations) with respect to the valuation of the remainder interest.
(a)(3) through (b)(1) [Reserved]. For further guidance, see
Sec. 20.7520-1(a)(3) through (b)(1).
(b)(2) Mortality component. The mortality component reflects the
mortality data most recently available from the United States Census.
As new mortality data becomes available after each decennial census,
the mortality component described in this section will be revised
periodically and the mortality component tables will be published in
the regulations at that time. For decedents' estates with valuation
dates after April 30, 1999, the mortality component table (Table 90CM)
is included in Sec. 20.2031-7T(d)(7). See Sec. 20.2031-7A for mortality
component tables applicable to decedent's estates with valuation dates
before May 1, 1999.
(c) [Reserved]. For further guidance, see Sec. 20.7520-1(c).
(1) Regulation sections containing tables with interest rates
between 4.2 and 14 percent for valuation dates after April 30, 1999.
Section 1.642(c)-6T(e)(6) of this chapter contains Table S used for
determining the present value of a single life remainder interest in a
pooled income fund as defined in Sec. 1.642(c)-5 of this chapter. See
Sec. 1.642(c)-6A of this chapter for actuarial factors for one life
applicable to valuation dates before May 1, 1999. Section 1.664-4(e)(6)
of this chapter contains Table F (payout factors) and Table D
(actuarial factors used in determining the present value of a remainder
interest postponed for a term of years). Section 1.664-4T(e)(7) of this
chapter contains Table U(1) (actuarial factors for one life). These
tables are used in determining the present value of a remainder
interest in a charitable remainder unitrust as defined in Sec. 1.664-3
of this chapter. See Sec. 1.664-4A of this chapter for actuarial
factors for one life applicable to valuation dates before May 1, 1999.
Section 20.2031-7(d)(6) contains Table B (actuarial factors used in
determining the present value of an interest for a term of years),
Table K (annuity end-of-interval adjustment factors), and Table J (term
certain annuity beginning-of-interval adjustment factors). Section
20.2031-7T(d)(7) contains Table S (actuarial factors for one life) and
Table 90CM (mortality components). These tables are used in determining
the present value of annuities, life estates, remainders, and
reversions. See Sec. 20.2031-7A for actuarial factors for one life and
mortality components applicable to valuation dates before May 1, 1999.
(2) Internal Revenue Service publications containing tables with
interest rates between 2.2 and 26 percent for valuation dates after
April 30, 1999. The following documents are available for purchase from
the Superintendent of Documents, United States Government Printing
Office, Washington, DC 20402:
(i) Internal Revenue Service Publication 1457, ``Actuarial Values,
Book Aleph,'' (1999). This publication includes tables of valuation
factors, as well as examples that show how to compute other valuation
factors, for determining the present value of annuities, life estates,
terms of years, remainders, and reversions, measured by one or two
lives. These factors may also be used in the valuation of interests in
a charitable remainder annuity trust as defined in Sec. 1.664-2 of this
chapter (Income Tax Regulations) and a pooled income fund as defined in
Sec. 1.642(c)-5 of this chapter.
(ii) Internal Revenue Service Publication 1458, ``Actuarial Values,
Book Beth,'' (1999). This publication includes term certain tables and
tables of one and two life valuation factors for determining the
present value of remainder interests in a charitable remainder unitrust
as defined in Sec. 1.664-3 of this chapter.
(iii) Internal Revenue Service Publication 1459, ``Actuarial
Values, Book Gimel,'' (1999). This publication includes tables for
computing depreciation adjustment factors. See Sec. 1.170A-12T of this
chapter.
(d) Effective date. This section applies after April 30, 1999.
PART 25--GIFT TAX; GIFTS MADE AFTER DECEMBER 31, 1954
Par. 23. The authority citation for part 25 is amended by adding
entries in numerical order to read in part as follows:
Authority: 26 U.S.C. 7805 * * *
Section 25.2512-5T also issued under 26 U.S.C. 7520(c)(2). * * *
Section 25.7520-1T also issued under 26 U.S.C. 7520(c)(2). * * *
Par. 24. Section 25.2512-0 is revised to read as follows:
Sec. 25.2512-0 Table of contents.
This section lists the section headings that appear in the
regulations under section 2512.
Sec. 25.2512-1 Valuation of property; in general.
Sec. 25.2512-2 Stocks and bonds.
Sec. 25.2512-3 Valuation of interest in businesses.
Sec. 25.2512-4 Valuation of notes.
Sec. 25.2512-5 Valuation of annuities, unitrust interests,
interests for life or term of years, and remainder or reversionary
interests.
Sec. 25.2512-5T Valuation of annuities, unitrust interests,
interests for life or term of years, and remainder or reversionary
interests (temporary).
Sec. 25.2512-6 Valuation of certain life insurance and annuity
contracts; valuation of shares in an open-end investment company.
[[Page 23224]]
Sec. 25.2512-7 Effect of excise tax.
Sec. 25.2512-8 Transfers for insufficient consideration.
Actuarial Tables Applicable Before May 1, 1999
Sec. 25.2512-5A Valuation of annuities, unitrust interests,
interests for life or term of years, and remainder or reversionary
interests transferred before May 1, 1999.
Par. 25. Section 25.2512-5 is amended as follows:
1. The section heading is revised.
2. Paragraphs (c) and (d) are revised.
3. Paragraph (e) is revised.
The revised provisions read as follows:
Sec. 25.2512-5 Valuation of annuities, unitrust interests, interests
for life or term of years, and remainder or reversionary interests.
* * * * *
(c) and (d) [Reserved]. For further guidance, see Sec. 25.2512-
5T(c) and (d).
(e) Effective date. This section applies after April 30, 1989, and
before May 1, 1999.
Par. 26. Section 25.2512-5T is added to read as follows:
Sec. 25.2512-5T Valuation of annuities, unitrust interests,
interests for life or term of years, and remainder or reversionary
interests (temporary).
(a) and (b) [Reserved]. For further guidance, see Sec. 25.2512-5(a)
and (b).
(c) Actuarial valuations. The present value of annuities, unitrust
interests, life estates, terms of years, remainders, and reversions
transferred by gift after April 30, 1999, is determined under paragraph
(d) of this section. The present value of annuities, unitrust
interests, life estates, terms of years, remainders, and reversions
transferred by gift before May 1, 1999, is determined under the
following sections:
------------------------------------------------------------------------
Transfers
----------------------------------------------- Applicable regulations
After Before
------------------------------------------------------------------------
01-01-52 25.2512-5A(a).
12-31-51......................... 01-01-71 25.2512-5A(b).
12-31-70......................... 12-01-83 25.2512-5A(c).
11-30-83......................... 05-01-89 25.2512-5A(d).
04-30-89......................... 05-01-99 25.2512-5A(e).
------------------------------------------------------------------------
(d) Actuarial valuations after April 30, 1999--(1) In general.
Except as otherwise provided in paragraph (b) of this section and
Sec. 25.7520-3(b) (relating to exceptions to the use of prescribed
tables under certain circumstances), if the valuation date for the gift
is after April 30, 1999, the fair market value of annuities, life
estates, terms of years, remainders, and reversions transferred after
April 30, 1999, is the present value of such interests determined under
paragraph (d)(2) of this section and by use of standard or special
section 7520 actuarial factors. These factors are derived by using the
appropriate section 7520 interest rate and, if applicable, the
mortality component for the valuation date of the interest that is
being valued. See Secs. 25.7520-1 through 25.7520-4. The fair market
value of a qualified annuity interest described in section 2702(b)(1)
and a qualified unitrust interest described in section 2702(b)(2) is
the present value of such interests determined under Sec. 25.7520-1(c).
(2) Specific interests. When the donor transfers property in trust
or otherwise and retains an interest therein, generally, the value of
the gift is the value of the property transferred less the value of the
donor's retained interest. However, if the donor transfers property
after October 8, 1990, to or for the benefit of a member of the donor's
family, the value of the gift is the value of the property transferred
less the value of the donor's retained interest as determined under
section 2702. If the donor assigns or relinquishes an annuity, life
estate, remainder, or reversion that the donor holds by virtue of a
transfer previously made by the donor or another, the value of the gift
is the value of the interest transferred. However, see section 2519 for
a special rule in the case of the assignment of an income interest by a
person who received the interest from a spouse.
(i) Charitable remainder trusts. The fair market value of a
remainder interest in a pooled income fund, as defined in
Sec. 1.642(c)-5 of this chapter, is its value determined under
Sec. 1.642(c)-6T(e) of this chapter (see Sec. 1.642(c)-6A for certain
prior periods). The fair market value of a remainder interest in a
charitable remainder annuity trust, as described in Sec. 1.664-2(a) of
this chapter, is its present value determined under Sec. 1.664-2(c) of
this chapter. The fair market value of a remainder interest in a
charitable remainder unitrust, as defined in Sec. 1.664-3 of this
chapter, is its present value determined under Sec. 1.664-4T(e) of this
chapter. The fair market value of a life interest or term for years in
a charitable remainder unitrust is the fair market value of the
property as of the date of transfer less the fair market value of the
remainder interest, determined under Sec. 1.664-4T(e)(4) and (5) of
this chapter.
(ii) Ordinary remainder and reversionary interests. If the interest
to be valued is to take effect after a definite number of years or
after the death of one individual, the present value of the interest is
computed by multiplying the value of the property by the appropriate
remainder interest actuarial factor (that corresponds to the applicable
section 7520 interest rate and remainder interest period) in Table B
(for a term certain) or the appropriate Table S (for one measuring
life), as the case may be. Table B is contained in Sec. 20.2031-7(d) of
this chapter and Table S (for one measuring life when the valuation
date is after April 30, 1999) is included in Sec. 20.2031-7T(d)(7) of
this chapter and Internal Revenue Service Publication 1457. See
Sec. 20.2031-7A(e)(4) of this chapter containing Table S and Life Table
80CNSMT for valuation of interests after April 30, 1989, and before May
1, 1999. For information about obtaining actuarial factors for other
types of remainder interests, see paragraph (d)(4) of this section.
(iii) Ordinary term-of-years and life interests. If the interest to
be valued is the right of a person to receive the income of certain
property, or to use certain nonincome-producing property, for a term of
years or for the life of one individual, the present value of the
interest is computed by multiplying the value of the property by the
appropriate term-of-years or life interest actuarial factor (that
corresponds to the applicable section 7520 interest rate and term-of-
years or life interest period). Internal Revenue Service Publication
1457 includes actuarial factors for an interest for a term of years in
Table B and for the life of one individual in Table S (for one
measuring life when the valuation date is after April 30, 1999).
However, term-of-years and life interest actuarial factors are not
included in Table B in Sec. 20.2031-7(d)(6) or Table S in Sec. 20.2031-
7T(d)(7) (or in Sec. 20.2031-7A(e)(4)) of this chapter. If Internal
Revenue Service Publication 1457 (or any other reliable source of term-
of-years and life interest actuarial factors) is not conveniently
available, an actuarial factor for the interest may be derived
mathematically. This actuarial factor may be derived by subtracting the
correlative remainder factor (that corresponds to the applicable
section 7520 interest rate and the term of years or the life) in Table
B (for a term of years) in Sec. 20.2031-7(d)(6) of this chapter or in
Table S (for the life of one individual) in Sec. 20.2031-7T(d)(7) of
this chapter, as the case may be, from 1.000000. For information about
obtaining actuarial factors for other types of term-of-years and life
interests, see paragraph (d)(4) of this section.
(iv) Annuities. (A) If the interest to be valued is the right of a
person to receive an annuity that is payable at the end of each year
for a term of years or for the life of one individual, the present
value of the interest is computed by multiplying the aggregate amount
[[Page 23225]]
payable annually by the appropriate annuity actuarial factor (that
corresponds to the applicable section 7520 interest rate and annuity
period). Internal Revenue Service Publication 1457 includes actuarial
factors in Table B (for an annuity payable for a term of years) and in
Table S (for an annuity payable for the life of one individual when the
valuation date is after April 30, 1999). However, annuity actuarial
factors are not included in Table B in Sec. 20.2031-7(d)(6) of this
chapter or Table S in Sec. 20.2031-7T(d)(7) (or in Sec. 20.2031-
7A(e)(4)) of this chapter. If Internal Revenue Service Publication 1457
(or any other reliable source of annuity actuarial factors) is not
conveniently available, an annuity factor for a term of years or for
one life may be derived mathematically. This annuity factor may be
derived by subtracting the applicable remainder factor (that
corresponds to the applicable section 7520 interest rate and annuity
period) in Table B (in the case of a term-of-years annuity) in
Sec. 20.2031-7(d)(6) of this chapter or in Table S (in the case of a
one-life annuity) in Sec. 20.2031-7T(d)(7) of this chapter, as the case
may be, from 1.000000 and then dividing the result by the applicable
section 7520 interest rate expressed as a decimal number. See
Sec. 20.2031-7T(d)(2)(iv) of this chapter for an example that
illustrates the computation of the present value of an annuity.
(B) If the annuity is payable at the end of semiannual, quarterly,
monthly, or weekly periods, the product obtained by multiplying the
annuity factor by the aggregate amount payable annually is then
multiplied by the applicable adjustment factor set forth in Table K in
Sec. 20.2031-7(d)(6) of this chapter at the appropriate interest rate
component for payments made at the end of the specified periods. The
provisions of this paragraph (d)(2)(iv)(B) are illustrated by the
following example:
Example. In July, the donor agreed to pay the annuitant the sum
of $10,000 per year, payable in equal semiannual installments at the
end of each period. The semiannual installments are to be made on
each December 31st and June 30th. The annuity is payable until the
annuitant's death. On the date of the agreement, the annuitant is 68
years and 5 months old. The donee annuitant's age is treated as 68
for purposes of computing the present value of the annuity. The
section 7520 rate on the date of the agreement is 10.6 percent.
Under Table S in Sec. 20.2031-7T(d)(7) of this chapter, the factor
at 10.6 percent for determining the present value of a remainder
interest payable at the death of an individual aged 68 is .29691.
Converting the remainder factor to an annuity factor, as described
above, the annuity factor for determining the present value of an
annuity transferred to an individual age 68 is 6.6329 (1.00000 minus
.29691 divided by .106). The adjustment factor from Table K in
Sec. 20.2031-7(d)(6) of this chapter in the column for payments made
at the end of each semiannual period at the rate of 10.6 percent is
1.0258. The aggregate annual amount of the annuity, $10,000, is
multiplied by the factor 6.6329 and the product multiplied by
1.0258. The present value of the donee's annuity is, therefore,
$68,040.29 ($10,000 x 6.6329 x 1.0258).
(C) If an annuity is payable at the beginning of annual,
semiannual, quarterly, monthly, or weekly periods for a term of years,
the value of the annuity is computed by multiplying the aggregate
amount payable annually by the annuity factor described in paragraph
(d)(2)(iv)(A) of this section; and the product so obtained is then
multiplied by the adjustment factor in Table J in Sec. 20.2031-7(d)(6)
of this chapter at the appropriate interest rate component for payments
made at the beginning of specified periods. If an annuity is payable at
the beginning of annual, semiannual, quarterly, monthly, or weekly
periods for one or more lives, the value of the annuity is the sum of
the first payment plus the present value of a similar annuity, the
first payment of which is not to be made until the end of the payment
period, determined as provided in paragraph (d)(2)(iv)(B) of this
section.
(v) Annuity and unitrust interests for a term of years or until the
prior death of an individual--(A) Annuity interests. The present value
of an annuity interest that is payable until the earlier to occur of
the lapse of a specific number of years or the death of an individual
may be computed with values from the tables in Secs. 20.2031-7(d)(6)
and 20.2031-7T(d)(7) of this chapter as described in the following
example:
Example. The donor transfers $100,000 into a trust and retains
the right to receive an annuity from the trust in the amount of
$6,000 per year, payable in equal semiannual installments at the end
of each period. The semiannual installments are to be made on each
June 30th and December 31st. The annuity is payable for 10 years or
until the donor's prior death. At the time of the transfer, the
donor is 59 years and 6 months old. The donor's age is taken as 60
for purposes of computing the present value of the retained annuity.
The section 7520 rate for the month in which the transfer occurred
is 9.8 percent. The present value of the donor's retained interest
is $35,709.13, determined as follows:
TABLE S value at 9.8 percent, age 60.................... .21669
TABLE S value at 9.8 percent, age 70.................... .34762
TABLE 90CM value at age 70.............................. 71357
TABLE 90CM value at age 60.............................. 85537
TABLE B value at 9.8 percent, 10 years.................. .392624
TABLE K value at 9.8 percent............................ 1.0239
Factor for donor's retained interest at 9.8 percent:
[GRAPHIC] [TIFF OMITTED] TR30AP99.007
Present value of donor's retained interest: ($6,000 x $35,709.13
5.8126 x 1.0239).....................................
(B) Unitrust interests. The present value of a unitrust interest
that is payable until the earlier to occur of the lapse of a specific
number of years or the death of an individual may be computed with
values from the tables in Secs. 1.664-4(e)(6) and 1.664-4T(e)(7) of
this chapter as described in the following example:
Example. The donor who, as of the nearest birthday, is 60 years
old, transfers $100,000 to a unitrust on January 1st. The trust
instrument requires that each year the trust pay to the donor, in
equal semiannual installments on June 30th and December 31st, 6
percent of the fair market value of the trust assets, valued as of
January 1st each year, for 10 years or until the prior death of the
donor. The section 7520 rate for the January in which the transfer
occurred is 9.8 percent. Under Table F(9.8) in Sec. 1.664-4(e)(6) of
this chapter, the appropriate adjustment factor is .932539 for
semiannual payments payable at the end of the semiannual period. The
adjusted payout rate is 5.595 percent (6% x .932539). The present
value of the donor's retained interest is $40,848.00 determined as
follows:
TABLE U(1) value at 5.6 percent, age 60.................... .35375
TABLE U(1) value at 5.6 percent, age 70.................... .49342
TABLE 90CM value at age 70................................. 71357
TABLE 90CM value at age 60................................. 85537
TABLE D value at 5.6 percent, 10 years..................... .561979
Factor for donor's retained interest at 5.6 percent:
[[Page 23226]]
(1.000000-.35375)-(.561979 x (71357/85537) x (1.000000-.49342)) =
.40876
TABLE U(1) value at 5.4 percent, age 60.................... .36542
TABLE U(1) value at 5.4 percent, age 70.................... .50473
TABLE 90CM value at age 70................................. 71357
TABLE 90CM value at age 60................................. 85537
TABLE D value at 5.4 percent, 10 years..................... .573999
Factor for donor's retained interest at 5.4 percent:
[GRAPHIC] [TIFF OMITTED] TR30AP99.008
Interpolation adjustment:
[GRAPHIC] [TIFF OMITTED] TR30AP99.009
Factor at 5.4 percent, age 60........................... .39742
Plus: Interpolation adjustment.......................... .01106
Interpolated Factor..................................... .40848
Present value of donor's retained interest: ($100,000 x $40,848.00
.40848)...............................................
(3) Transitional rule. If the valuation date of a transfer of
property by gift is after April 30, 1999, and before July 1, 1999, the
fair market value of the interest transferred is determined by use of
the section 7520 interest rate for the month in which the valuation
date occurs (See Secs. 25.7520-1(b) and 25.7520-2(a)(2)) and the
appropriate actuarial tables under either paragraph (d)(2) of this
section or Sec. 25.2512-5A(e), at the option of the donor. However,
with respect to each individual transaction and with respect to all
transfers occurring on the valuation date, the donor must use the same
actuarial tables (e.g., gift and income tax charitable deductions with
respect to the same transfer must be determined based on the same
tables, and all transfers made on the same date must be valued based on
the same tables).
(4) Publications and actuarial computations by the Internal Revenue
Service. Many standard actuarial factors not included in Sec. 20.2031-
7(d)(6) or Sec. 20.2031-7T(d)(7) of this chapter are included in
Internal Revenue Service Publication 1457, ``Actuarial Values, Book
Aleph,'' (1999). Internal Revenue Service Publication 1457 also
includes examples that illustrate how to compute many special factors
for more unusual situations. A copy of this publication is available
for purchase from the Superintendent of Documents, United States
Government Printing Office, Washington, DC 20402. If a special factor
is required in the case of a completed gift, the Service may furnish
the factor to the donor upon a request for a ruling. The request for a
ruling must be accompanied by a recitation of the facts including a
statement of the date of birth for each measuring life, the date of the
gift, any other applicable dates, and a copy of the will, trust, or
other relevant documents. A request for a ruling must comply with the
instructions for requesting a ruling published periodically in the
Internal Revenue Bulletin (see Secs. 601.201 and 601.601(d)(2)(ii)(b)
of this chapter) and include payment of the required user fee.
(e) Effective dates. This section applies after April 30, 1999.
Par. 27. The undesignated centerheading immediately following
Sec. 25.2518-3 is revised to read as follows:
Actuarial Tables Applicable Before May 1, 1999
Par. 28. Section 25.2512-5A is amended by:
1. Revising the section heading.
2. Adding paragraph (e).
The revision and addition read as follows:
Sec. 25.2512-5A Valuation of annuities, unitrust interests, interests
for life or term of years, and remainder or reversionary interests
transferred before May 1, 1999.
* * * * *
(e) Valuation of annuities, unitrust interests, interests for life
or term of years, and remainder or reversionary interests transferred
after April 30, 1989, and before May 1, 1999--(1) In general. Except as
otherwise provided in Secs. 25.2512-5(b) and 25.7520-3(b) (pertaining
to certain limitations on the use of prescribed tables), if the
valuation date of the transferred interest is after April 30, 1989, and
before May 1, 1999, the fair market value of annuities, unitrust
interests, life estates, terms of years, remainders, and reversions
transferred by gift is the present value of the interests determined by
use of standard or special section 7520 actuarial factors and the
valuation methodology described in Sec. 25.2512-5T(d). Sections
20.2031-7(d)(6) and 20.2031-7A(e)(4) of this chapter and related
sections provide tables with standard actuarial factors and examples
that illustrate how to use the tables to compute the present value of
ordinary annuity, life, and remainder interests in property. These
sections also refer to standard and special actuarial factors that may
be necessary to compute the present value of similar interests in more
unusual fact situations. These factors and examples are also generally
applicable for gift tax purposes in computing the values of taxable
gifts.
(2) Transitional rule. (i) If the valuation date of a transfer of
an interest in property by gift is after April 30, 1989, and before
June 10, 1994, a donor can rely on Notice 89-24 (1989-1 C.B. 660), or
Notice 89-60 (1989-1 C.B. 700), in valuing the transferred interest.
(See Sec. 601.601(d)(2)(ii)(b) of this chapter.)
(ii) If a donor transferred an interest in property by gift after
December 31, 1988, and before May 1, 1989, retaining an interest in the
same property, and after April 30, 1989, and before January 1, 1990,
transferred the retained interest in property, the donor may, at the
option of the donor, value the transfer of the retained interest under
this paragraph (e) or paragraph (d) of this section.
(3) Publications and actuarial computations by the Internal Revenue
Service. Many standard actuarial factors not included in Secs. 20.2031-
7(d)(6) and 20.2031-7A(e)(4) of this chapter are included in Internal
Revenue Service Publication 1457, ``Actuarial Values, Alpha Volume,''
(8-89). Internal Revenue Service Publication 1457 also includes
examples that illustrate how to compute many special factors for more
unusual situations. Publication 1457 is
[[Page 23227]]
no longer available for purchase from the Superintendent of Documents,
United States Government Printing Office, Washington, DC 20402.
However, pertinent factors in this publication may be obtained from:
CC:DOM:CORP:R (IRS Publication 1457), room 5226, Internal Revenue
Service, POB 7604, Ben Franklin Station, Washington, DC 20044. If a
special factor is required in the case of a completed gift, the
Internal Revenue Service may furnish the factor to the donor upon a
request for a ruling. The request for a ruling must be accompanied by a
recitation of the facts including a statement of the date of birth for
each measuring life, the date of the gift, any other applicable dates,
and a copy of the will, trust, or other relevant documents. A request
for a ruling must comply with the instructions for requesting a ruling
published periodically in the Internal Revenue Bulletin (see
Secs. 601.201 and 601.601(d)(2)(ii)(b) of this chapter) and include
payment of the required user fee.
Par. 29. Section 25.7520-1 is amended as follows:
1. Paragraph (b)(2), the last two sentences are revised.
2. The headings for paragraphs (c)(1) and (c)(2) are revised.
3. Paragraph (c)(2) introductory text is revised.
4. Paragraph (c)(2)(iii) is amended by removing the first two
sentences and adding one sentence in their place.
5. Paragraph (d) is revised.
The revised and added provisions read as follows:
Sec. 25.7520-1 Valuation of annuities, unitrust interests, interests
for life or term of years, and remainder or reversionary interests.
* * * * *
(b) * * *
(2) * * * For gifts with valuation dates after April 30, 1989, and
before May 1, 1999, the mortality component table (Table 80CNSMT) is
included in Sec. 20.2031-7A(e)(4) of this chapter. See Sec. 20.2031-
7A(a) through (d) of this chapter for mortality component tables
applicable to decedents' estates with valuation dates before May 1,
1989.
(c) * * *
(1) Regulations sections containing tables with interest rates
between 4.2 and 14 percent for valuation dates after April 30, 1989,
and before May 1, 1999. * * *
(2) Internal Revenue Service publications containing tables with
interest rates between 2.2. and 26 percent for valuation dates after
April 30, 1989, and before May 1, 1999. The following publications are
no longer available from the Superintendent of Documents, however, they
may be obtained from: CC:DOM:CORP:R, room 5226, Internal Revenue
Service, POB 7604, Ben Franklin Station, Washington, DC 20044:
* * * * *
(iii) Internal Revenue Service Publication 1459, ``Actuarial
Values, Gamma Volume,'' (8-89). * * *
(d) Effective date. This section applies after April 30, 1989, and
before May 1, 1999.
Par. 30. Section 25.7520-1T is added to read as follows:
Sec. 25.7520-1T Valuation of annuities, unitrust interests, interests
for life or term of years, and remainder or reversionary interests
(temporary).
(a) through (b) (1) [Reserved]. For further guidance, see
Sec. 25.7520-1(a) through (b)(1).
(b)(2) Mortality component. The mortality component reflects the
mortality data most recently available from the United States Census.
As new mortality data becomes available after each decennial census,
the mortality component described in this section will be revised
periodically and the mortality component tables will be published in
the regulations at that time. For gifts with valuation dates after
April 30, 1999, the mortality component table (Table 90CM) is included
in Sec. 20.2031-7T(d)(7) of this chapter. See Sec. 20.2031-7A of this
chapter for mortality component tables applicable to decedent's estates
with valuation dates before May 1, 1999.
(c) [Reserved]. For further guidance, see Sec. 25.7520-1(c).
(1) Regulation sections containing tables with interest rates
between 4.2 and 14 percent for valuation dates after April 30, 1999.
Section 1.642(c)-6T(e)(6) of this chapter contains Table S used for
determining the present value of a single life remainder interest in a
pooled income fund as defined in Sec. 1.642(c)-5 of this chapter. See
Sec. 1.642(c)-6A for actuarial factors for one life applicable to
valuation dates before May 1, 1999. Section 1.664-4(e)(6) of this
chapter contains Table F (payout factors) and Table D (actuarial
factors used in determining the present value of a remainder interest
postponed for a term of years). Section 1.664-4T(e)(7) of this chapter
contains, Table U(1) (actuarial factors for one life). These tables are
used in determining the present value of a remainder interest in a
charitable remainder unitrust as defined in Sec. 1.664-3 of this
chapter. See Sec. 1.664-4A for actuarial factors for one life
applicable to valuation dates before May 1, 1999. Section 20.2031-
7(d)(6) of this chapter contains Table B (actuarial factors used in
determining the present value of an interest for a term of years),
Table K (annuity end-of-interval adjustment factors), Table J (term
certain annuity beginning-of-interval adjustment factors). Section
20.2031-7T(d)(7) of this chapter contains Table S (actuarial factors
for one life) and Table 90CM (mortality components). These tables are
used in determining the present value of annuities, life estates,
remainders, and reversions. See Sec. 20.2031-7A of this chapter for
actuarial factors for one life and mortality components applicable to
valuation dates before May 1, 1999.
(2) Internal Revenue Service publications containing tables with
interest rates between 2.2 and 26 percent for valuation dates after
April 30, 1999. The following documents are available for purchase from
the Superintendent of Documents, United States Government Printing
Office, Washington, DC 20402:
(i) Internal Revenue Service Publication 1457, ``Actuarial Values,
Book Aleph,'' (1999). This publication includes tables of valuation
factors, as well as examples that show how to compute other valuation
factors, for determining the present value of annuities, life estates,
terms of years, remainders, and reversions, measured by one or two
lives. These factors may also be used in the valuation of interests in
a charitable remainder annuity trust as defined in Sec. 1.664-2 of this
chapter (Income Tax Regulations) and a pooled income fund as defined in
Sec. 1.642(c)-5 of this chapter.
(ii) Internal Revenue Service Publication 1458, ``Actuarial Values,
Book Beth,'' (1999). This publication includes term certain tables and
tables of one and two life valuation factors for determining the
present value of remainder interests in a charitable remainder unitrust
as defined in Sec. 1.664-3 of this chapter.
(iii) Internal Revenue Service Publication 1459, ``Actuarial
Values, Book Gimel,'' (1999). This publication includes tables for
computing depreciation adjustment factors. See Sec. 1.170A-12T of this
chapter.
(d) Effective date. This section applies after April 30, 1999.
Par. 31. Section 25.7520-3 is amended as follows:
1. In paragraph (b)(2)(v), Example 5 is revised.
2. In paragraph (b)(4), the Example is revised.
The revised examples read as follows:
[[Page 23228]]
Sec. 25.7520-3 Limitation on the application of section 7520.
* * * * *
(b) * * *
(2) * * *
(v) * * *
Example 5. Eroding corpus in an annuity trust. (i) The donor,
who is age 60 and in normal health, transfers property worth
$1,000,000 to a trust. The trust will pay a 10 percent ($100,000 per
year) annuity to a charitable organization for the life of the
donor, payable annually at the end of each period, and the remainder
will be distributed to the donor's child. The section 7520 rate for
the month of the transfer is 6.8 percent. First, it is necessary to
determine whether the annuity may exhaust the corpus before all
annuity payments are made. Because it is assumed that any measuring
life may survive until age 110, any life annuity could require
payments until the measuring life reaches age 110. Based on a
section 7520 interest rate of 6.8 percent, the determination of
whether the annuity may exhaust the corpus before the annuity
payments are made is computed as follows:
Age to which life annuity may continue................ 110
less: Age of measuring life at date of transfer....... 60
-----------------
Number of years annuity may continue................ 50
Annual annuity payment................................ $100,000.00
Times: Annuity factor for 50 years derived from Table 14.1577
B....................................................
-----------------
Present value of term certain annuity............. $1,415,770.00
(ii) Since the present value of an annuity for a term of 50
years exceeds the corpus, the annuity may exhaust the trust before
all payments are made. Consequently, the annuity must be valued as
an annuity payable for a term of years or until the prior death of
the annuitant, with the term of years determined by when the fund
will be exhausted by the annuity payments.
(iii) Using factors based on Table 90CM at 6.8 percent (see
Sec. 20.2031-7T(d)(7) of this chapter), it is determined that the fund
will be sufficient to make 17 annual payments, but not to make the
entire 18th payment. Specifically, the initial corpus will be able to
make payments of $67,287.26 per year for 17 years plus payments of
$32,712.74 per year for 18 years. The annuity is valued by adding the
value of the two separate temporary annuities.
(iv) Based on Table H of Publication 1457 (a copy of this
publication may be purchased from the Superintendent of Documents,
United States Government Printing Office, Washington, DC 20402), the
present value of an annuity of $67,287.26 per year payable for 17 years
or until the prior death of a person aged 60 is $588,016.64 ($67,287.26
x 8.7389). The present value of an annuity of $32,712.74 per year
payable for 18 years or until the prior death of a person aged 60 is
$292,196.74 ($32,712.74 x 8.9322). Thus, the present value of the
charitable annuity interest is $880,213.38 ($588,016.64 + $292,196.74).
* * * * *
(4) * * *
Example. Terminal illness. The donor transfers property worth
$1,000,000 to a child in exchange for the child's promise to pay the
donor $103,000 per year for the donor's life, payable annually at
the end of each period. The donor is age 60 but has been diagnosed
with an incurable illness and has at least a 50 percent probability
of dying within 1 year. The section 7520 interest rate for the month
of the transfer is 10.6 percent, and the standard annuity factor at
that interest rate for a person age 60 in normal health is 7.5590.
Thus, if the donor were not terminally ill, the present value of the
annuity would be $778,577 ($103,000 x 7.5590). Assuming the
presumption provided in paragraph (b)(3) of this section does not
apply, because there is at least a 50 percent probability that the
donor will die within 1 year, the standard section 7520 annuity
factor may not be used to determine the present value of the donor's
annuity interest. Instead, a special section 7520 annuity factor
must be computed that takes into account the projection of the
donor's actual life expectancy.
* * * * *
Par. 32. In the list below, for each section indicated in the left
column, remove the language in the middle column and add the language
in the right column:
------------------------------------------------------------------------
Section Remove Add
------------------------------------------------------------------------
1.170A-6(c)(5), Example (1), 1970.............. 1971.
first and last sentence.
1.170A-6(c)(5), Example (2)(a), 1970.............. ..................
first sentence.
1.170A-6(c)(5), Example (3)(a), 1970.............. 1971.
first, sixth, seventh and
eighth sentences.
1.170A-6(c)(5), Example (3)(a), 1971.............. 1972.
seventh and eighth sentences.
1.170A-6(c)(5), Example (3)(a), 1972.............. 1973.
seventh and eighth sentences.
1.170A-6(c)(5), Example (3)(b), 1970.............. 1971.
introductory text.
1.170A-6(c)(5), Example (3)(b), Jan. 1, 1970...... Jan. 1, 1971.
Table headings.
1.170A-6(c)(5), Example (3)(b), Dec. 31, 1970..... Dec. 31, 1971.
column 1 of table.
1.170A-6(c)(5), Example (3)(b), Dec. 31, 1971..... Dec. 31, 1972.
column 1 of table.
1.170A-6(c)(5), Example (3)(b), Dec. 31, 1972..... Dec. 31, 1973.
column 1 of table.
1.170A-6(c)(5), Example (3)(c).. 1972.............. 1973.
1.170A-6(c)(5), Example (3)(d).. 1972.............. 1973.
1.170A-12(b)(2), paragraph Factor............ Factor before May
heading. 1, 1999.
1.170A-12(b)(2), fourth sentence April 30, 1989,... April 30, 1989,
and before May 1,
1999.
1.170A-12(b)(2), sixth sentence. CC:DOM:CORP:T:R... CC:DOM:CORP:R.
1.170A-12(b)(2), sixth sentence. Room 5228......... Room 5226.
1.170A-12(c), first sentence.... Paragraph (f) of Sec. 20.2031-7(d)
such sections. (6) of this
chapter.
1.170A-12(e)(2), following the Table 80CNSMT in Table 90CM in Sec.
formula. Sec. 20.2031-7. 20.2031-7T.
1.170A-12(e)(3), last sentence.. E:A:G............. OP:E:EP:A:1.
1.170A-14(h)(4), Example 2, December 1, 1983.. May 1, 1999.
fourth sentence.
1.642(c)-A6(e)(2)(i)............ Sec. 20.2031-7(d) Sec. 20.2031-7A(e
(6). )(4).
1.664-1(a)(5)(ii)(b)(1)......... Column 2 of Table Table D in Sec.
D In Sec. 1.664- 1.664-4(e)(6).
4A(d)(6).
1.664-1(a)(5)(iv), introductory (iii) of this (ii) of this
text. section:. section.
[[Page 23229]]
1.664-1(a)(6), introductory text Sec. 1.664-4(e), Secs. 1.664-4T(e)
Sec. 1.664-4(A) , 1.664-4T(e) and
(d), and former 1.664-4A(d) and
Sec. 1.664-4 (d) (e).
(as contained in
the 26 CFR part 1
edition revised
as of April 1,
1994).
1.664-2(c)...................... April 30, 1989.... April 30, 1999.
1.664-2(c), sixth sentence...... Sec. 20.2031-7A(a Sec. 20.2031-7A
) through (d). (a) through (e).
1.664-2(c), sixth sentence...... May 1, 1989....... May 1, 1999.
1.664-2(c)...................... Last sentence.....
1.7520-1(a)(2).................. 1989, see Sec. 1999, see Sec.
1.642(c)-6(e). 1.642(c)-6T(e).
1.7520-1(a)(3), last sentence... (Or, for certain
prior periods,
Sec. 1.664-4A).
1.7520-1(c)(1), first sentence.. Section 1.642(c)- Section 1.642(c)-
6(e)(4). 6A(e)(5).
1.7520-1(c)(1), second sentence. Section 1.664- Sections 1.664-
4(e)(6) contains. 4(e)(6) and 1.664-
4A(e)(6) contain.
1.7520-1(c)(1), third sentence.. Section 20.2031- Sections 20.2031-
7(d)(6) of this 7(d)(6) and
chapter (Estate 20.2031-7A(e)(4)
Tax Regulations) of this
contains. chaptercontain.
20.2032-1(f)(1), fourth sentence Paragraph (d) of Sec. 20.2031-7A(d
Sec. 20.2031-7(A )(4).
)(d).
20.2055-2(f)(2)(iv), Example Sec. 20.2031-10(f Sec. 20.2031-7A(d
(1), second sentence. ). ).
20.2055-2(f)(2)(iv) Example (2), Sec. 20.2031-10(f Sec. 20.2031-7A(d
second sentence. ). ).
20.2055-2(f)(2)(iv), Example Sec. 20.2031-10(e Sec. 20.2031-7A(c
(3), second sentence. ). ).
20.2055-2(f)(2)(iv), Example Sec. 20.2031-10(f Sec. 20.2031-7A(d
(3), third sentence. ). ).
20.2056A-4(c)(4)(ii)(B), Alpha Volume...... Book Aleph.
penultimate sentence.
20.2056A-4(d), Example 4(iii), Alpha Volume...... Book Aleph.
second sentence.
20.7520-1(a)(2)................. 1989, see Sec. 1999, see Sec.
1.642(c)-6(e). 1.642(c)-6T(e).
20.7520-1(a)(3), second sentence (Or, for certain
prior periods,
Sec. 1.664-4A)..
20.7520-1(c)(1), first sentence. Section 1.642(c)- Section 1.642(c)-
6(e)(4). 6A(e)(5).
20.7520-1(c)(1), second sentence Section 1.664- Sections 1.664-
4(e)(6) of this 4(e)(6) and 1.664-
chapter contains. 4A(e)(6) of this
chapter contain.
20.7520-1(c)(1), third sentence Section 20.2031- Sections 20.2031-
7(d)(6) contains. 7(d)(6) and
20.2031-7A(e)(4)
contain.
25.7520-1(a)(2)................. 1989, see Sec. 1999, see Sec.
1.642(c)-6(e). 1.642(c)-6T(e).
25.7520-1(a)(3), last sentence.. (Or, for certain
prior periods,
Sec. 1.664-4A).
25.7520-1(c)(1), first sentence. Section 1.642(c)- Section 1.642(c)-
6(e)(4). 6A(e)(5).
25.7520-1(c)(1), second sentence Section 1.664- Sections 1.664-
4(e)(6) of this 4(e)(6) and 1.664-
chapter contains. 4A(e)(6) of this
chapter contain.
25.7520-1(c)(1), third sentence. Section 20.2031- Sections 20.2031-
7(d)(6), (Estate 7(d)(6) and
Tax Regulations) 20.2031-7A(e)(4)
contains. contain.
------------------------------------------------------------------------
Robert E. Wenzel,
Deputy Commissioner of Internal Revenue.
Approved: April 21, 1999.
Donald C. Lubick,
Assistant Secretary of the Treasury.
[FR Doc. 99-10533 Filed 4-29-99; 8:45 am]
BILLING CODE 4830-01-U
